US jobs growth jumps in July despite slowdown fears

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

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