US Jobs Growth Falls Short in July

Reported 2 months ago

In July, the US economy added only 114,000 jobs, significantly lower than the expected 175,000, while the unemployment rate rose to 4.3% compared to 4.1% in June. Average hourly earnings also increased by just 0.2% month-over-month and 3.6% year-over-year, falling short of projections.

Source: YAHOO

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