US economy created 200K new jobs in July

By Associated Press

Aug 05, 2023 12:20 am

WASHINGTON, D.C.: The American economy has generated at least 200,000 new jobs for a record 30 straight months and the streak likely continued into July.

The Labor Department's latest jobs report, out on Friday, is expected to show that employers tacked on exactly 200,000 jobs last month, according to a survey of forecasters by the data firm FactSet. That would be fewest since December 2020 but still a healthy number and a sign that the US labor market remains sturdy despite markedly higher interest rates.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

US consumers optimistic in Nov

HK becoming financial crime hub – US lawmakers

China industrial profits narrow decline in Oct

Samsung reshuffles leadership

Sanrio plunges 17% on sharesale plan

Thai factory output down 0.91 percent y/y

Trump's tariffs to affect auto, tech industries