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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,
Black workers are often last hired, first fired,” said Angela Hanks, chief of policy programs of The Century Foundation. The ...
The unemployment rate dropped to 3.7 percent in September, the lowest since the Vietnam War. The economy added 134,00 jobs, fewer than expected because of losses from Hurricane Florence.
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
President Donald Trump ordered the firing of the Bureau of Labor Statistics commissioner Friday following a weak jobs report ...
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 ...
Buncombe County’s unemployment rate remained steady in June, according to figures released Wednesday by the North Carolina ...
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