US Job Growth Slows Amid Economic Uncertainty

1 min read
Source: Reuters
US Job Growth Slows Amid Economic Uncertainty
Photo: Reuters
TL;DR

US job growth slowed sharply in July with only 73,000 new jobs, revised down from previous estimates, and the unemployment rate increased to 4.2%, indicating a weakening labor market that could influence the Federal Reserve's interest rate decisions in September.

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