Employers added just 114,000 jobs in July – 35% fewer than expected – and unemployment, now at 4.3%, is the highest since October 2021, the Labor Department reported Friday.

The US economy added 206,000 jobs in June. Analysts expected July figures to come in lower. Getty Images Unemployment also rose last month to 4.3% – worse than the 4.1% predicted by analysts.

WASHINGTON — U.S. hiring decelerated sharply last month in the face of high interest rates as employers added an unexpectedly weak 114,000 jobs.

The US economy added 114,000 jobs in July, according to the latest report from the Bureau of Labor Statistics. The report also revised down previous estimates for new job creation in June and May.

Employers added just 114,000 jobs in July — 35% fewer than expected — and unemployment, now at 4.3%, is the highest since October 2021, the Labor Department reported Friday.

U.S. hiring decelerated sharply last month in the face of high interest rates as employers added a weak 114,000 jobs.

WASHINGTON (AP) — The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight month with raised interest rates taking a toll ...

Business US added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll A construction worker carries scaffolding parts on March 14, 2024, in Boston.

Employers added just 114,000 jobs in July — 35% fewer than expected — and unemployment, now at 4.3%, is the highest since October 2021, the Labor Department reported Friday.

Employers added just 114,000 jobs in July — 35% fewer than expected — and unemployment, now at 4.3%, is the highest since October 2021, the Labor Department reported Friday.

Employers added just 114,000 jobs in July — 35% fewer than expected — and unemployment, now at 4.3%, is the highest since October 2021, the Labor Department reported Friday.