Labour survey shows first net loss of jobs since August
Sharp drops for big tech companies yanked the U.S. market lower
Employers have added just 28,000 jobs a month since March
Several high-profile companies have announced job cuts in the past year
Employers added just 50,000 jobs last month, the U.S. government reported
Investors see jobs data as boosting chance of rate cuts
Economy continues to grow, with Atlanta Fed projecting 2.7% increase in Q4
Economy added 8,200 jobs last month, but labour force also grew
The “low-hire, low-fire” job market remains in effect, labour department report suggests
Unemployment rate rises to 4.6%, the highest level since 2021