US jobs growth jumps in July despite slowdown fears
Firms added far more jobs than expected last month as interest rates rise to tackle inflation.
US employers added more than 500,000 jobs in July and the unemployment rate dropped, defying fears that the labour market is heading for a slowdown.
The jobless rate fell to 3.5% from 3.6% in June, … [+3422 chars]
Read More
Other Stories in BBC
- Australia waltz into World Cup final
- Reaction to international friendlies, Portugal & Senegal reach Qatar
- Has Bellingham made himself an England starter?
- Osaka through to Miami Open semis
- Shane Warne memorial - watch & follow updates
- Egypt fire: Dozens dead in Giza Coptic church
- Rushdie beginning road to recovery, agent says
- Moment explosion rocks shopping centre in Armenia
- US Taiwan: Congress team follows Pelosi with second high-level visit in a month
.png)
