Bad job report fuels Recession fears

Hiring abruptly slowed in July as employers added 114,000 new jobs, far fewer than economists had forecast, while the unemployment rate jumped to 4.3%. Economists surveyed by FactSet had expected 175,000 new jobs and forecast that unemployment would remain steady at 4.1%. In June, businesses had added 179,000 new hires, according to the Labor Department’s […]