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The US jobs market cooled much more than expected in July with the unemployment rate reaching the highest since late 2021, government data showed Friday,
The US jobs market cooled much more than expected in July with the unemployment rate reaching the highest since late 2021, government data showed Friday, paving the way towards post-pandemic interest rate cuts. The world’s biggest economy added 114,000 jobs last month, down from June’s revised 179,000 figure, said the Department of Labor. The jobless […]
The post US extends hiring cooldown while unemployment highest since 2021 appeared first on Insider Paper.
https://insiderpaper.com/us-hiring-cools-with-114000-jobs-added-unemployment-up-govt/
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