U.S. jobs report: Why falling unemployment isn't necessarily good news
By CGTN America
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July's U.S. jobs report fell short of forecasts, raising fresh questions about whether businesses are pulling back on hiring in anticipation of a broader economic slowdown. CGTN's Sean Callebs spoke with Anthony Chan, former Chief Economist at JPMorgan Chase, about what the numbers mean and what the Federal Reserve is likely to do next. 00:00 U.S. Jobs Report: Why Falling Unemployment Is Bad News 01:02 Downward Jobs Revisions Signal a Weakening Labor Market 01:43 Why U.S. Businesses Are Slowing Hiring 02:18 U.S. Labor Force Shrinks by 2.8 Million Workers 02:53 Health Care Jobs Lead a Weak U.S. Labor Market 04:12 AI, Entry-Level Jobs and the U.S. Economy #bizshow #USjobs #USemployment #USeconomy #FederalReserve #inflation Watch CGTN LIVE on your computer, tablet or mobile https://cgtnamerica.vhx.tv/videos/hd-live-broadcasts Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @cgtnameric
Tags: CGTN, US GDP, US Jobs, bizshow, job sector, labor market, unemployment, us markets
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