U.S. Job Market Report for July 2024

Job growth in the U.S. slowed in July, with nonfarm payrolls increasing by just 114,000, below expectations. Unemployment rate rose to 4.3%, and average hourly earnings were below forecasts. This has led to concerns of an economic slowdown.

U.S. Job Market Report for February

Job creation in the U.S. exceeded expectations in February, with nonfarm payrolls increasing by 275,000. Despite the increase in jobless rate to 3.9%, the labor market remains strong. Average hourly earnings showed a slightly lower increase than expected, with markets reacting calmly to the news.