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The Labor Department provides an update on the job market this morning.
NPR Scott Horsley reports it comes amid signs of a marked slowdown in the pace of hiring.
For the first time in more than four years,
there are more people looking for work than there are job openings in the U.S.
Many consumers say they're cautious about spending money,
and many employers are cautious about hiring as a result.
Concerned about a softening job market could lead the Federal Reserve to lower interest rates later this month.
The Fed has been holding its benchmark rate steady since December
as it keeps a wary eye on stubborn inflation.
The August report is expected to show a continued drop in the number of federal government jobs.
President Trump abruptly fired the Labor Department official who oversees the report.
after disappointing jobs numbers last month.
Scott Horsley in Pair News, Washington.