WASHINGTON (AP) — U.S. hiring decelerated sharply last month in the face of high interest rates as employers added an unexpectedly weak 114,000 jobs. Friday’s Labor...
A weaker-than-expected jobs report on Friday fueled concern about a potential economic recession and calls for an interest rate cut. Employers hired 114,000 workers last month,...
Financial adviser on stock market drop following spike in unemployment rate Financial adviser on stock market drop following spike in unemployment rate 07:48 Fear, long absent...
The increase in the unemployment rate from 4.1 per cent in June marked the fourth straight monthly increase 4 min read Last Updated : Aug 02...
New York CNN — Stocks tumbled Friday as a disappointing jobs report added to fears that the US economy is weakening. The Dow closed 612 points,...
U.S. job growth in July slowed to an unexpected 114,000 jobs added in the wake of interest rate hikes by the Federal Reserve in 2022 and...
New York — U.S. stocks are tumbling Friday on worries about whether the U.S. economy can hold up amid the countdown for a cut to interest...
The 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...
U.S. employers added 114,000 jobs in July, the Bureau of Labor Statistics announced Friday, a sign of slower hiring in the face of high interest rates. What...
Construction is booming in states like Arizona, California, Florida and Texas. U.S. job growth cooled sharply in July while the unemployment rate unexpectedly rose to the...
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears of a broader economic slowdown, the...
There was already little doubt that the Federal Reserve would roll out the first interest rate cut in September. The latest jobs report showing that the unemployment rate rose even higher last...
