(CNBC) Job growth in August likely slowed from July’s frenzied pace, but it is still expected to have been quite strong, with broad-based hiring across many sectors. Monthly jobs data is always important, but the August report, released at 8:30 a.m. ET Friday, is particularly key since the state of the labor market will be an important consideration in the Federal Reserve’s next interest rate decision later this month.
Critical August jobs report expected to run hot and that could lead to a more aggressive Fed
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