Reported 1 day ago
In July, US private employers added 104,000 jobs, bouncing back from a decline in June, where job cuts were revised down to 23,000. This growth surpassed economists' expectations of 75,000 jobs. Meanwhile, wages for job changers increased by 7%, and those who remained in the same position saw a 4.4% rise. The data is released ahead of the Federal Reserve's expected decision to maintain interest rates, amidst concerns about the labor market's stability.
Source: YAHOO