US Employers Cut 23,000 Jobs Amid Iran War Strain
US employers unexpectedly cut 23,000 jobs in July amid Iran war strain, while unemployment dipped to 4.1% as workers left the labor market.
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US employers unexpectedly cut 23,000 jobs in July amid Iran war strain, while unemployment dipped to 4.1% as workers left the labor market.
U.S. employers added just 57,000 jobs in June, far below expectations, as consumer confidence remains historically low amid war-induced inflation.
The US economy added 57,000 jobs in June, well below expectations, as the unemployment rate ticked down to 4.2% and wage growth trailed inflation.
The US added 172,000 jobs in May, far exceeding expectations. But strong hiring complicates the Fed's inflation fight as new Chair Kevin Warsh prepares.
The U.S. added 172,000 jobs in May, beating expectations. But with underemployment at 43%, a separate crisis is unfolding for young graduates.
The US private sector added 122,000 jobs in May, exceeding forecasts. ADP report shows broad-based hiring gains across industries and business sizes.