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Story summary
- U.S. job finding expectations dropped to 44.9%, the lowest since June 2013, raising employment concerns.
- The unemployment rate rose to 4.3%, with broader unemployment at 8.1%, the highest since October 2021.
- The Federal Reserve may cut interest rates on September 16-17 due to weak job growth and inflation worries.
- The Conference Board's Employment Trends Index fell, signaling ongoing labor market challenges.
- Consumers' financial outlooks are mixed, with more anticipating both improvements and declines in the next year.
