Posted on 08/02/2024 5:56:55 AM PDT by Pete Dovgan
U.S. job growth cooled sharply in July while the unemployment rate unexpectedly rose to the highest level in nearly three years.
The Labor Department reported Friday that employers added 114,000 jobs in July, missing the 175,000 gain forecast by LSEG economists. The unemployment rate also unexpectedly inched higher to 4.3% against expectations that it would hold steady at 4.1%.
It marked the highest level for the jobless rate since October 2021.
(Excerpt) Read more at foxbusiness.com ...
Farwell Harris bump.
Yep ... the media are going to need bigger knee pads and wheelbarrows.
THIS! is why Biden is so desperately needed to save democracy these last 6 months. And to take the blame for that idiot running in his place.
The only wars Joe et al have won is the one against our economy and sovereignty.
Hell, the FED raised interest rates 3 times in the year of Donald Trump’s midterm to kill off Republican house and senate races. The FED is a political animal.
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