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US factory activity contracted in July at the fastest pace in nine months, dragged down by a faster decline in employment as ...
The labor market showed signs of weakening, with 73,000 jobs added in July and gains for the previous two months revised ...
President Donald Trump’s shock-and-awe tariff campaign is off to a slow start when it comes to reviving American manufacturing jobs.
Manufacturing jobs decreased by 7,000 on the month. Government employment was also way up, with 73,000 jobs added. Most of them were in state and local governments.
So far this year, employers have added an average 130,000 jobs a month, down from 168,000 in 2024 and an average 400,000 from 2021 through 2023. But the June numbers were surprisingly strong.
US labor market surprises with 147,000 new jobs last month. Here are the big takeaways The headline numbers masked some weaknesses as the U.S. economy contends with fallout from Trump’s economic ...
Trump’s push for more factories comes after a dramatic decline in manufacturing jobs. After accounting for roughly 22% of total nonfarm employment in 1979, manufacturing work makes up just 8% today.
Manufacturing output edged up 0.1% last month after a downwardly revised 0.5% decline in April, the Federal Reserve said on Tuesday. Economists polled by Reuters had forecast production rebounding ...
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