U.S. unemployment rises as the Fed holds tight on key interest rates
Friday, August 2nd 2024, 8:05:39 pm
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The unemployment rate climbed to 4.3% in July, up 0.2% from June, the Friday employment report from the Bureau of Labor Statistics shows, alarming some economists who believe the Federal Reserve has waited too long to cut interest rates. The economy added 114,000 jobs, and the number of people who were on temporary layoff rose […]
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