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Red Alert NASDAQ is entering into a correction the Dow Falls nearly 600 points Intel stock plummets the most in 40 years and the jobs report Stokes fears that the FED may have waited too long ing to Jennifer schonberger of Yahoo finance new signs of a cooling labor market are stoking fears that the Federal Reserve may have waited too long to start lowering interest rates data from the Bureau of Labor Statistics released Friday showed the US economy added 114,000 non-farm payroll jobs in July fewer than the 175,000 expected by economists the unemployment rate Rose to 4.3% this is the highest level since October 21 now you might say well you know it doesnamp;#39;t really matter it went from 3.9% to 4.3% but I will tell you thereamp;#39;s a big problem Brewing why rampant inflation people canamp;#39;t afford a home people are cutting back employers are getting leaner theyamp;#39;re laying people off theyamp;#39;re not adding new jobs and this is the first sign of a Slowdown people st