U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower

Trump Is Now Running the Worst Economy Since His Last Term in Office

The last time America’s job numbers were this bad—besides the pandemic—was during the Great Recession. Revisions to the last three months of job reports have moved the three-month growth average to 35,000, a lag that hasn’t emerged since 2010, and which some economists have said could indicate a recession is on the horizon. “The labor market is much weaker than originally reported the last two months. While payrolls grew 73k in July, May and Jun…

U.S. employers slash hiring as Trump advances a punishing trade agenda

U.S. employers added just 73,000 jobs last month, the Labor Department reported Friday, well short of the 115,000 expected

US job market cools as pressure grows on Jerome Powell to cut rates

US employers added just 73,000 jobs in July in an unexpected sign of weakness for the labor market, the Bureau of Labor Statistics said Friday.

U.S. Job Growth Slows in July; D.C. Metro Unemployment Rises to 5%

The U.S. economy added just 73,000 jobs in July, marking the third consecutive month of sluggish growth, while the national unemployment rate remained unchanged at 4.2%. The post U.S. Job Growth Slows in July; D.C. Metro Unemployment Rises to 5% appeared first on The Washington Informer.

July Jobs Report Bombshell Growth Plummets, Trump Blasts Fed - American Faith

The U.S. economy added just 73,000 jobs in July, far short of the 104,000 expected by economists, according to Friday’s Labor Department report. Unemployment rose to 4.2 percent, with significant downward revisions to previous months raising alarm about the true state of the labor market. Job creation in May and June was slashed by a combined 258,000 positions. May was revised from 144,000 to only 19,000. June, initially estimated at 147,000, no…