Weak July Jobs Report
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US job growth cooled sharply over the past three months and the unemployment rate rose, showing the labor market is shifting into a lower gear amid widespread economic uncertainty.Payrolls increased 73,000 in July after the prior two months were revised down by nearly 260,000, according to a Bureau of Labor Statistics report out Friday. In the last three months, employment growth has averaged a paltry 35,000 — the worst since the pandemic.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight…
The skinny
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