July jobs report shows hiring at a ‘virtual standstill’ as businesses shed 23K jobs
U.S. employers shed 23,000 jobs in July, and the employment count for earlier months was revised downward by 103,000 jobs as labor shortages begin to weigh on hiring, according to new statistics released Friday by the federal Bureau of Labor Statistics. “There’s no sugarcoating the overarching message in the July jobs report,” Mark Zandi, the […]
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