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The Guardian

Weak US jobs growth for July sparks Wall Street sell-off



US economy added 114,000 jobs in July in significant dip from June while unemployment increased to highest level since October 2021The US labor market cooled significantly last month as unemployment unexpectedly rose, sparking fears of a slowdown across the world’s largest economy.American employers added 114,000 jobs in July – short of the 180,000 additions expected by economists, and a marked decrease from the 179,000 added in June. Continue reading…



Source link : https://www.theguardian.com/business/article/2024/aug/02/us-economy-jobs-report

Author : Callum Jones in New York

Publish date : 2024-08-02 13:44:34

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Tags : The Guardian
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