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US Adds Just 73,000 Jobs as Unemployment Rate Rises
Nonfarm payrolls rose by 73,000, less than almost all economists had forecast, while the unemployment rate ticked up to 4.2%, matching the median projection. Average hourly earnings were up 0.3%, leaving them 3.9% higher over 12 months – outpacing inflation.
Still, California is no stranger to the upper levels of unemployment rankings. June 2025 was the 19th time the state ranked ...
4don MSN
July's nonfarm payrolls report shows deteriorating labor market, boosting odds of September rate cut
U.S. nonfarm payrolls increased 73K in July, lower than the.+110K consensus and more than the 14K that were added in June, ...
Economists say the rise in unemployment among Black Americans could be a troubling sign for the economy at large.
The Black unemployment rate hit its highest mark since December 2021, while the White House defended the firing of Erika ...
Opinion
1don MSNOpinion
Black Unemployment Surges To Pandemic-Era Levels In July — Here’s Why It Matters
The broader picture shows 7.2 million Americans unemployed in July, with the national unemployment rate rising to 4.2%. While this matches economists’ forecasts, the underlying weakness in job ...
Big question marks still loom for the Fed, and while the jobs report last Friday was weak, the unemployment rate remains low.
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
U.S. job growth slower much more than expected in July, and the data from the prior month was revised sharply lower, ...
Just like the workers on his construction projects, Donald Trump wrote the Black community a bad check during the campaign,” ...
Since early 2024, the unemployment rate increase for 20- to 30-year-olds in tech has risen much faster than the overall ...
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