The Times of India
July saw a significant slowdown in U.S. job growth, with only 73,000 jobs added, and the unemployment rate edged up to 4.2%. Prior months’ job gains were revised sharply downward by 258,000, indicating a weaker labor market than previously thought. Economists…
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US added just 73,000 jobs in July amid slow payroll growth. What it means for the economy?
July saw a significant slowdown in U.S. job growth, with only 73,000 jobs added, and the unemployment rate edged up to 4.2%. Prior months’ job gains were revised sharply downward by 258,000, indicating a weaker labor market than previously thought. Economists…