Reading for July fell shy of expectations, while unemployment rose amid scrutiny of US economy with election looming
The US labor market cooled significantly last month as unemployment rose, sparking fears of a slowdown across the world’s largest economy.
American employers added 114,000 jobs in July – significantly short of the 180,000 additions expected by economists, and a significant decrease from the 179,000 added in June.
Continue reading…Reading for July fell shy of expectations, while unemployment rose amid scrutiny of US economy with election loomingThe US labor market cooled significantly last month as unemployment rose, sparking fears of a slowdown across the world’s largest economy.American employers added 114,000 jobs in July – significantly short of the 180,000 additions expected by economists, and a significant decrease from the 179,000 added in June. Continue reading…