U.S. hiring slows in July: Employers add a still-solid 187,000 jobs; unemployment dips to 3.5%

U.S. hiring slows in July: Employers add a still-solid 187,000 jobs; unemployment dips to 3.5%

Upworthy

Published

WASHINGTON — U.S. employers added 187,000 last month, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient. Hiring was up from 185,000 in June, a figure that the Labor…

#labordepartment #federalreserve #conferenceboard

Full Article