US added just 114,000 jobs in July, unemployment rate hits 4.3%

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US added just 114,000 jobs in July, unemployment rate hits 4.3%
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U.S. hiring decelerated sharply last month in the face of high interest rates as employers added a weak 114,000 jobs.

<p>WASHINGTON — U.S. hiring decelerated sharply last month in the face of high interest rates as employers added an unexpectedly weak 114,000 jobs.

 But the higher borrowing costs appear to be taking a toll.</p><p>The unemployment rate has risen for four consecutive months. It's jump to 4.

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