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US Adds Just 73,000 Jobs as Unemployment Rate Rises
Nonfarm payrolls rose by 73,000, less than almost all economists had forecast, while the unemployment rate ticked up to 4.2%, matching the median projection. Average hourly earnings were up 0.3%, leaving them 3.9% higher over 12 months – outpacing inflation.
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,
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Oregon has added just 8,700 jobs over the past 12 months, according to the state data. “That’s a growth rate of 0.4%. That’s really slow by historical standards,” said Gail Krumenauer, economist with ...
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Italy's unemployment rate fell to 6.3% in June from 6.5% in May, national statistics bureau ISTAT reported on Thursday, as a ...
Nonfarm payrolls increased by just 73,000 last month, well below forecasts, while figures for May and June were revised lower ...
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