The U.S. economy added 114,000 jobs in July, while the unemployment rate rose to 4.3%, the Labor Department said on Friday. Why it matters: The...
The U.S. economy added 114,000 jobs in July, while the unemployment rate rose to 4.3%, the Labor Department said on Friday.
Why it matters: The jobless rate kept moving higher in July, adding to fears that the labor market—the bedrock of the economy—is slowing down and the economy is at risk of a recession.Between the lines: Hiring slowed in July from the prior month's downwardly revised 179,000 job gains. Grim new survey shows how California Gov. Gavin Newsom's $20-an-hour minimum wage for fast-food workers has helped tank the industrythat highlights survey data on topics on which Americans largely agree. Its goal is to correct political misperceptions, highlight common ground, and help people feel calmer and more united.
NYC shuttered 80% of its Airbnbs, $ABNB, in an attempt to make housing more affordable. All that's done so far is make hotels more expensive Grim new survey shows how California Gov. Gavin Newsom's $20-an-hour minimum wage for fast-food workers has helped tank the industry
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