July Hiring Slowdown Masks Labor Market Strength

0

Workers enjoyed a strong start to summer, with low unemployment and steady wage gains offering fresh incentive to jump into the job market.

Employers slowed hiring in July, adding 157,000 to payrolls, but had bulked up more than previously reported in May and June, reflecting an economy expanding at near the fastest rate since the recession ended nearly a decade ago.

The…

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here