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International Business Times UK
International Business Times UK
National
David Unyime Nkanta

US Job Market Wobbles: Shock Figures Reveal Hiring Slump and Steep Revisions Spark Recession Fears

The American economy delivered a shocking blow in July 2025, adding just 73,000 jobs whilst economists had confidently predicted around 110,000 new positions would materialise.

This unexpected collapse sparked violent reactions across financial markets, with S&P 500 futures tumbling and Treasury yields plummeting, whilst the dollar weakened dramatically.

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