US EditionU.S. added just 73,000 jobs in July and numbers for prior months were revised much lower
U.S. job growth slowed significantly as May and June payrolls were revised down by 258,000, with healthcare adding most new jobs and federal government employment declining.
- United States job growth slowed unexpectedly in July, with nonfarm payrolls increasing by only 73,000 jobs.
- The unemployment rate rose to 4.2% in July, up from 4.1% in June.
- Revisions to prior months' data eliminated 258,000 jobs from the May and June payrolls.
- The Labor Department indicated that uncertainty over President Donald Trump's trade policies is affecting companies.
255 Articles
255 Articles
Leading House Republican Insists the Economy Is ‘Starting To Come Roaring Back’ Amid Weak Jobs Report
House Majority Whip Tom Emmer (R-MN) said the U.S. economy is “roaring back” after a disappointing July jobs report and significant downward revisions in the numbers for May and June. On Friday, the U.S. Bureau of Labor Statistics reported that the economy added just 73,000 jobs in July, well below expectations. Additionally, the BLS revised the job gains in May and June, stating that the economy added 258,000 fewer jobs than initially reported.…
It’s Trump’s U.S. economy now. The latest financial numbers offer some warning signs
For all of U.S. President Donald Trump’s promises of an economic 'golden age,' a spate of weak indicators this week told a potentially worrisome story as the impacts of his policies are coming into focus.
Biden's and Harris' Delusions About 'Social Justice' and 'Equity' Could Be Economy's Downfall - Real News Now
Decrying the newly released U.S. Labor Department report, which showed a meagre addition of merely 73,000 jobs for the month of July, former President Donald Trump had no shortage of negative emotions. This subpar job creation figure had led unemployment rates to inch upwards, from 4.1% to a marginally higher 4.2%. Furthermore, the Labor Department had grossly overstated previous job addition numbers for the months of May and June, resulting in …
U.S. stocks sink on tepid U.S. jobs data, erratic trade policies
NEW YORK, Aug. 1 (Xinhua) -- U.S. stocks tumbled Friday, weighed down by a weaker-than-expected jobs report that signaled a cooling labor market and growing investor unease over the Trump administration's erratic trade policies.
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