The Zhitong Finance App learned that the number of new non-farm payrolls in the US unexpectedly turned negative in July, and the number of new non-farm payrolls in the previous two months was drastically lowered, indicating that the US labor market is facing new challenges after showing resilience beyond expectations earlier this year. While this weak employment data raises investors' concerns about the US labor market, it may also cause the Federal Reserve to face complicated interest rate decisions when trying to find a balance between employment and inflation.

The Zhitong Finance App learned that the number of new non-farm payrolls in the US unexpectedly turned negative in July, and the number of new non-farm payrolls in the previous two months was drastically lowered, indicating that the US labor market is facing new challenges after showing resilience beyond expectations earlier this year. While this weak employment data raises investors' concerns about the US labor market, it may also cause the Federal Reserve to face complicated interest rate decisions when trying to find a balance between employment and inflation.