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U.S. economy unexpectedly LOST 23,000 jobs in July
Published 1 day, 15 hours ago
Description
The U.S. economy unexpectedly lost 23,000 nonfarm payroll jobs in July, missing the Dow Jones consensus forecast of an 83,000 gain by a wide margin.
According to the latest U.S. Bureau of Labor Statistics report, this sudden hiring slump stems from intense macroeconomic strains, including elevated inflation, the economic drag of the ongoing war in Iran, and aggressive immigration crackdowns restricting the workforce.
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According to the latest U.S. Bureau of Labor Statistics report, this sudden hiring slump stems from intense macroeconomic strains, including elevated inflation, the economic drag of the ongoing war in Iran, and aggressive immigration crackdowns restricting the workforce.
Become a supporter of this podcast: https://www.spreaker.com/podcast/today-magz--6737390/support.
Don’t miss our latest episodes! Please follow me to stay updates with fresh news everyday. Let’s keep the support this podcast to stay updates news everyday.