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July jobs report sees continued gloomy hiring picture
The unemployment rate held at 4.2%, with 7.2 million people unemployed. While sectors such as health care and social assistance posted moderate gains, the broader labor market showed signs of stalling and downward revisions to May and June payrolls erased a combined 258,000 jobs, painting a more cautious picture.
U.S. job growth likely slowed in July, with the unemployment rate forecast rising back to 4.2%, but that probably would be ...
The Federal Reserve won’t cut interest rates until it sees how inflation and job creation respond to higher tariffs. The next ...
Black workers are often last hired, first fired,” said Angela Hanks, chief of policy programs of The Century Foundation. The ...
Federal Reserve Chair Jerome Powell repeatedly described the labor market as solid and balanced at his press conference on ...
Though the unemployment rate for the tech industry was largely unchanged in July, demand is soaring for AI and data-focused ...
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
July jobs report misses expectations with 73K jobs added, unemployment at 4.25%. Click here for more information on U.S.
Futures traders have certainly changed their tune on a September rate cut following the July jobs data. According to CME ...
Job-market data is revised every month, but the latest changes caused a stir. They point to a challenge that has dogged the Bureau of Labor Statistics for years: a requirement to quickly produce ...
The July jobs report reveals a sharp hiring deceleration with major downward revisions to previous months. Click here to read ...
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