Employers added just 114,000 jobs in July – 35% fewer than expected – and unemployment, now at 4.3%, is the highest since October 2021, the Labor Department...
Employers added just 114,000 jobs in July – 35% fewer than expected – and unemployment, now at 4.3%, is the highest since October 2021, the Labor Department reported Friday.
“They are just slowing hiring and putting people on temporary layoff, furlough,” Pollak said. “They want to get back to business. They see lots of opportunities to expand. They they just need rates to be .’’ The economy is weighing heavily on voters’ minds ahead of the November presidential election. Many Americans have been unimpressed after three years of strong job gains, . Two years after inflation hit a four-decade high, price increases have eased but consumers are still paying 19% more for goods and services than they were in spring 2021.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow plunges over 900 points after weak jobs report sparks recession fearsthe Dow was on track for its biggest two-day percentage fall since early March 2023.
Read more »
Dow plummets 900 points after weak jobs reportRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
Read more »
More than 900 Native American children died at U.S. boarding schoolsA new Interior Department report reveals that 973 Native American children died at Indian boarding schools over a 150-year period of forced cultural assimilation.
Read more »
“900-Page Bible”: Shogun’s Future Comment Gives Me A Lot More Faith In Season 2Molly is a Movies & TV Contributing Writer, dabbling in a variety of topics, ranging from fantasy to sci-fi
Read more »
Mustang causes 5-car crash on SR 900 after veeing onto oncoming trafficA 5-car crash on State Route 900 (SR 900) in Renton Sunday led to four injured individuals, a five-hour highway backup and a brush fire.
Read more »
The 22 Scariest Lines We Found in Project 2025’s 900-Page ‘Mandate for Leadership’The 22 Scariest Lines About Women, LGBTQ Issues, Education and Abortion We Found in Project 2025’s 900-Page ‘Mandate for Leadership’
Read more »