Labor market softens

Data

Employers added just 114,000 jobs in July — 35% fewer than expected — and unemployment, now at 4.3%.

Data

Revisions shaved 258,000 jobs off May and June payrolls and the unemployment rate ticked higher to 4.2%.

Data

Sharp downturn in U.S. hiring shook financial markets – Dow Jones dropped 1.5% and the Su0026amp;P 500 tumbled 1.8%.

Data

Location:

Detroit, MICHIGAN, UNITED STATES

Creation date:

Feb 28, 2025 13:42

Photographer:

Paul Sancya

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