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US added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll
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US added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll
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US added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll
FILE - A construction worker carries scaffolding parts on March 14, 2024, in Boston. On Friday, August 2, 2024, the U.S. government issues its July jobs report. (AP Photo/Michael Dwyer, File)
FILE - Mechanic Thomas Strater works at University Bicycles in Boulder, Colo., April 30, 2024. U.S. hiring decelerated sharply in July in the face of high interest rates as employers added a weak 114,000 jobs. (AP Photo/Thomas Peipert, File)