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U.S. added just 73,000 jobs in July as the unemployment rate rose to 4.2%. The labor market is eroding.
The economy created a stingy 73,000 new jobs in July and the unemployment rate rose to 4.2%, solidifying the chances of the Federal Reserve cutting interest rates in the near future. Employment gains in June and May were also slashed,
Good day. I’m Chris Anstey, an economics editor at Bloomberg News, and together with my colleagues I’ll be bringing you news ...
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
There are multiple unemployment rates. The official one is typically low compared to some of the others that include broader measures of unemployed people.
President Donald Trump ordered the firing of the Bureau of Labor Statistics commissioner Friday following a weak jobs report ...
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US Unemployment Rises To 4.2 Per Cent As Labour Market Loses Momentum
Nonfarm payrolls increased by just 73,000 last month, well below forecasts, while figures for May and June were revised lower ...
Normally the number of jobs created each month gets most of the attention in the jobs report. Not this time. The focus instead is on the unemployment rate. Federal Reserve Chairman Jerome Powell said ...
All eight of Missouri’s metropolitan areas experienced higher unemployment rates in June than a month before, according to ...
The US job market cooled down in July as government and foreign workers suffered a significant hit — will likely putting ...
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