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‘No hire, no fire’: US employers unexpectedly cut 23,000 jobs - sharp reversal for labour market
US employers unexpectedly shed 23,000 jobs last month, while downward revisions by the Labor Department erased a further 103,000 positions from payroll estimates for May and June. Economists had been forecasting that employers would add close to 100,000 jobs during the month.
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economictimes.indiatimes.com
US companies add just 44,000 jobs in July as hiring slows
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…
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npr.org
Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market
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.
