Episode Details
Back to EpisodesUS Economy Loses 23,000 Jobs as Hiring Slows
Episode 1755
Published 2 months, 3 weeks ago
Description
The U.S. economy lost 23,000 jobs in July as the labor market showed new signs of weakness. May and June job growth was also revised down by a combined 103,000 jobs, while unemployment held at 4.1%. Kathy Fettke breaks down what the latest jobs report could mean for interest rates, housing, and real estate investors.
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Source: https://www.bls.gov/news.release/empsit.nr0.htm