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Elon Musk’s $1 Trillion Pay Plan & Commerce Sec. Howard Lutnick 9/5/25

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Job Market Slowdown and Economic Implications

This chapter examines a recent job market report revealing only 22,000 new jobs added in August, accompanied by a rise in the unemployment rate. The discussion explores the potential impact on Federal Reserve interest rate decisions and the performance of key sectors like manufacturing and federal employment.

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