US CEA's Miran: Job revisions reflect May-June. Data from July is decent.

Total nonfarm payroll employment changed little in July (+73,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported today. The unemployment rate, at 4.2 percent, also changed little in July. Employment continued to trend up in health care and in social assistance. Federal government continued to lose jobs. This news ...

Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for the U.S. labor market. Job growth totaled 73,000 for the month, above the June total of 14,000 but below even the meager Dow Jones estimate for a gain of 100,000. June and May totals were revised sharply lower, down by a ...

A closely watched update on the state of the US labor market will mark a powerful test of financial markets’ mettle. It will book-end a busy week of data releases that showed inflation has accelerated more than economists anticipated and the Federal Reserve pushed back on interest rate expectations. The Bureau of Labor Statistics (BLS) is expected to report ...