US unemployment rate rises to 4.3% , US job growth was slower than expectations in July 2024
The U.S. job growth in July 2024 was slower than expected, with nonfarm payrolls increasing by 114,000 jobs, below the forecasted 175,000. Additionally, the unemployment rate rose to 4.3%, its highest level since October 2021. These unexpected increases in unemployment and slower job growth have raised concerns about the overall health of the U.S. labor Read more: US unemployment rate rises to 4.3% , US job growth was slower than expectations in July 2024..