BUSINESSSEATTLE TIMES
U.S. likely added nearly 100,000 jobs in July, but market is still tough for young and unemployed
The U.S. likely added nearly 100,000 jobs in July. Although the job market appears stable overall, underlying data suggests mixed and confusing signals. Crucially, the market remains tough for young people and those who are unemployed.
Related Signal
Adjacent reporting
- ADP says businesses add the fewest new jobs in six months. Labor market is still sluggish.
- US hiring slows in what economists are calling a ‘low-momentum’ labor market
- US adds just 57K jobs in June, falling short of expectations
- US job openings slip to 7.4 million, but labor market remains resilient in face of fighting in Iran