Contentious July jobs report confirms the U.S. economy is slowing sharply. Here’s why | Metals Mine

  • Contentious July jobs report confirms the U.S. economy is slowing sharply. Here’s why

    From cnbc.com

    Though it may have been controversial, the July jobs report helped confirm the notion that the U.S. economic engine is sputtering. Nonfarm payrolls rose by just 73,000 for the month, below even the muted expectations. Heavy downward revisions to the May and June count took the three-month average job gains down to just 35,000, or less than one-third the pace for the same period a year ago. Traditionally a lagging indicator when it comes to recessions, the weakness in job growth points to an economy that may be slowing even more than some of the traditional metrics are showing. “We are in a broad economic slowdown. ... (full story)

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Trader#67E1
Aug 4, 2025 2:29pm
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Quoting Trader#9360
Bond yields down, good. Dollar hovering in recent range, good. Stocks a day or two away from all time highs, good. Unemployment rate very low in historical terms, good. Oil, copper, natural gas all down substantially, good. Every trade deal favors the US more than the trading partner, good. CNBC run by dnc now.
Delusional somewhat ? - Certainly
Distortion of the facts - Absolutely !
Partisan- without a doubt .
Naive- Definitely.
Trump supporter - I’ll let others decide
Reply
Czyker26
Aug 4, 2025 11:45pm
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Thats why she needed to be fired. Too much of the stats were WAY to far off.
Reply
Trader#9360
Aug 4, 2025 1:39pm
Permalink
Bond yields down, good. Dollar hovering in recent range, good. Stocks a day or two away from all time highs, good. Unemployment rate very low in historical terms, good. Oil, copper, natural gas all down substantially, good. Every trade deal favors the US more than the trading partner, good. CNBC run by dnc now.
Reply
Trader#818D
Aug 4, 2025 2:37pm
Permalink
Quoting Trader#67E1
{quote} Delusional somewhat ? - Certainly Distortion of the facts - Absolutely ! Partisan- without a doubt . Naive- Definitely. Trump supporter - I’ll let others decide
Communist bot. Communism failed and you are poor and angry. Makes sense you are so jealous. Cry into your bowl of gruel tonight, no one cares.
Reply
Trader#67E1
Aug 4, 2025 2:43pm
Permalink
Quoting Trader#818D
{quote} Communist bot. Communism failed and you are poor and angry. Makes sense you are so jealous. Cry into your bowl of gruel tonight, no one cares.
Stay delusional , ill informed and naive sucking on your Presidents teat .

Gullible fool
Reply
Trader#7F12
Aug 4, 2025 3:04pm
Permalink
Quoting Trader#67E1
{quote} Stay delusional , ill informed and naive sucking on your Presidents teat . Gullible fool
Wealthy, happy, great family, wonderful neighbors, planning a $20k vacation. Nothing your worthless country can do to hurt me, but I’m glad you’re so angry. Evil people should be unhappy.
Reply
Trader#A572
Aug 4, 2025 3:08pm
Permalink
Quoting Trader#7F12
{quote} Wealthy, happy, great family, wonderful neighbors, planning a $20k vacation. Nothing your worthless country can do to hurt me, but I’m glad you’re so angry. Evil people should be unhappy.
20K vacation for a family ! Afghanistan is nice this time of year .
Reply
Chumcred
Aug 5, 2025 2:16am
Permalink
The disappointing U.S. jobs report, with Nonfarm Payrolls rising by only 73,000 in July, has led to a selloff in the U.S. dollar, fueling a rally in EURUSD.
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