US Employers Cut Jobs, Unemployment Rate Falls

Nonfarm payrolls decreased 23,000 last month following a combined 103,000 downward revision to the May and June figures, Bureau of Labor Statistics data showed Friday. The unemployment rate fell to 4.1% as labor force participation continued to slide, and wage growth slowed.

Source: Bloomberg Markets and Finance

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Category General

Source Bloomberg Markets and Finance

Published 2 months ago

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News ID #3,233

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