Economists have viewed the labour market as being in a “slow hire, slow fire” mode. Read more at straitstimes.com. Read more at straitstimes.com.

American businesses added fewer jobs in July than experts had predicted, with private payrolls up by just 44,000— the weakest increase this year. Conversely, job switchers enjoyed…

U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Labor Department.