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US job growth cooled in July amid growing economic uncertainty

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1 day ago

The U.S. economy added jobs in July – though it was at a slower pace than in the last several months as uncertainty over economic conditions mounted.The Labor Department on Friday reported that employers added 73,000 jobs in July, a figure that was cooler than the 110,000 gain that was the estimate of economists polled by LSEG.The unemployment rate ticked slightly higher to 4.2%, in line with LSEG economists' estimate.Job gains in the prior two months were both revised, with job creation in May revised downward by 125,000 from a gain of 144,000 to 19,000; and June job gains were revised down b...

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