Job Market Cooling, Fed Rate Cut Speculation, and Economic Impact

The job market shows signs of further cooling, teeing up a potential Fed rate cut. Despite lower than expected jobs report, the Federal Reserve is expected to cut interest rates in September. Join Simply Economics as we analyze the implications of these developments on various sectors and explore the economic plans of key political figures. Stay informed about the state of the economy and its potential impact on businesses, consumers, and investors.

Sources:
https://finance.yahoo.com/news/job-market-shows-signs-further-231649497.html
https://www.nbcnews.com/meet-the-press/video/federal-reserve-expected-to-cut-interest-rates-in-september-despite-lower-than-expected-jobs-report-218785861885
https://finance.yahoo.com/news/job-market-shows-signs-further-231649497.html
https://bakersfieldnow.com/news/local/us-adds-jobs-but-some-economists-fear-recession-maybe-looming

Outline:
(00:00:00) Introduction
(00:00:43) Federal Reserve expected to cut interest rates in September despite lower than expected jobs report
(00:03:29) U.S. adds jobs but some economists fear 'recession' maybe looming