{"id":3372,"date":"2024-08-06T23:29:31","date_gmt":"2024-08-06T23:29:31","guid":{"rendered":"https:\/\/xstorynews.com\/?p=3372"},"modified":"2024-08-06T23:29:31","modified_gmt":"2024-08-06T23:29:31","slug":"us-economy-adds-114000-jobs-in-july-far-fewer-than-expected","status":"publish","type":"post","link":"https:\/\/xstorynews.com\/?p=3372","title":{"rendered":"US Economy Adds 114,000 Jobs in July, Far Fewer Than Expected"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/conservativebrief.com\/wp-content\/uploads\/2024\/08\/kamala-harris-1.jpg\" \/><\/p>\n<p>While the jobless rate unexpectedly increased to its highest point in over three years, U.S. job creation abruptly stopped in July.<\/p>\n<p>According to Labor Department data released on Friday, employers added 114,000 jobs in July, falling short of the 175,000 gain forecast by LSEG economists. In addition, the jobless rate unexpectedly increased to 4.3% from 4.1%, despite predictions that it would remain stable.<\/p>\n<p>\u201cIt marked the highest level for the jobless rate since October 2021,\u201d\u00a0Fox Business\u00a0<a href=\"https:\/\/www.foxbusiness.com\/economy\/us-jobs-report-july-2024?\" target=\"_blank\" rel=\"noopener\">reported<\/a>.<\/p>\n<p>\u201cTemperatures might be hot around the country, but there\u2019s no summer heatwave for the job market,\u201d said ManpowerGroup North America president Becky Frankiewicz. \u201cWith across-the-board cooling, we have lost most of the gains we saw from the first quarter of the year.\u201d<\/p>\n<p>Another new survey is good news for former President Donald Trump after President Joe Biden dropped his re-election bid and endorsed Vice President Kamala Harris.<\/p>\n<p>According to the CNN survey, 49 percent of respondents supported Trump, while 46 percent backed Harris.\u00a0SSRS\u00a0<a href=\"https:\/\/s3.documentcloud.org\/documents\/24989839\/cnn-poll-harris-improves-on-bidens-performance-against-trump-in-early-look-at-new-matchup.pdf\" target=\"_blank\" rel=\"noopener\">conducted<\/a>\u00a0the poll.<\/p>\n<p>The poll was conducted among registered voters who had previously participated in CNN surveys in April and June, where Trump was leading Biden by 6 points.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While the jobless rate unexpectedly increased to its highest point in over three years, U.S. job creation abruptly stopped in July. According to Labor Department data released&#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3372","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"a3_pvc":{"activated":false,"total_views":0,"today_views":0},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US Economy Adds 114,000 Jobs in July, Far Fewer Than Expected - X Story News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/xstorynews.com\/?p=3372\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Economy Adds 114,000 Jobs in July, Far Fewer Than Expected - X Story News\" \/>\n<meta property=\"og:description\" content=\"While the jobless rate unexpectedly increased to its highest point in over three years, U.S. job creation abruptly stopped in July. 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