JOBS BLOWOUT: Economists expected job growth to slow in July as the Fed raises interest rates.
at the fastest pace in decades to wrestle inflation under control. The Commerce Department reported last week that gross domestic product, the broadest measure of goods and services produced in the nation, shrank 0.6% in the three-month period from April to June. That followed a decline of 1.6% in the first three months of the year.
While many economists have argued the strong jobs market has so far prevented the U.S. from sliding into a downturn, job growth momentum is expected to cool markedly in coming months as companies cut staff in order to accommodate for lower demand. "A powerful increase in July employment—at 528,000, the largest since last December—underscored bedrock support from the labor market, putting the economy on a more gradual trajectory for a recession," said Gary Schlossberg, a global strategist at Wells Fargo Investment Institute.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Most U.S. businesses grow faster in July, ISM finds, in sign of resilient economyAn ISM barometer of business conditions at companies such as restaurants, hotels and retailers rose to a three-month high of 56.7% in July, suggesting...
続きを読む »
Jobs shocker: U.S. adds 528,000 jobs in July and unemployment falls to pre-pandemic levelsThe U.S. added a surprisingly strong 528,000 new jobs in July and the unemployment rate fell to pre-pandemic levels in a muscle-flexing display for the economy, but the robust report could add to inflation worries and push interest rates even higher.
続きを読む »
US added surprising 528K jobs in July despite inflation, recession fearsThe American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.
続きを読む »
U.S. Added 528,000 Jobs in JulyThe U.S. economy added 528,000 jobs in July, defying expectations that cooling consumer spending and rising risks of a recession would slow job growth WSJWhatsNow
続きを読む »
U.S. Job Numbers Spiked in July, Defying Gloomy PredictionsThe big gain comes despite inflation-cooling interest rate increases from the Fed which many economists fear will ultimately lead to job losses later in the year as consumer demand slows down.
続きを読む »
Cooper Roberts update: Boy paralyzed in July 4 parade shooting moves from hospital to rehab centerHis family says he's now eating solid food and has even gotten a chance to play with his dog George.
続きを読む »