U.S. Added Just 73K Jobs in July, Unemployment Rate Rose to 4.2%
U.S. jobs market growth slowed considerably not just last month, but in May and June as well, likely giving more fuel to those calling for Federal Reserve rate cuts. Nonfarm payrolls rose 73,000 in July, according to a Friday morning report from the Bureau of Labor Statistics. That’s up from 14,000 in June, but that … Read more