The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.
Categories: Average Hourly EarningsBrian CoultonBureau of Labor StatisticsBusinessconstruction payrollsCOVID-19 pandemicdisinflationeconomistsemployment reportFederal Reservefinancial marketsFitch Ratingsgovernment hiringHEALTHCAREinflationinterest rateinterest ratesjobless rateLabor Departmentlabor marketManufacturingMonetary policyNonfarm payrollsprofessional and business servicesRate cutretail sectorstate and local governmentstemporary help jobsTodays HeadlinesU.S. central bankU.S. job growthUnemployment rateWage growthwages