US August payrolls fail to quell investor worries of hard landing
US August non-farm payrolls were hotly anticipated for several reasons, not least because Federal Reserve chair Jerome Powell told investors he was more concerned about the health of the labour market than accelerating inflation at his Jackson Hole symposium speech on 23 August.July's big miss, which showed 114,000 jobs created versus 190,000 expected by economists, set the scene for a 'make or br