By Wolf Richter for WOLF STREET
Payrolls at employers rose by 114,000 in July, below the growth in June and May. Back in April, job growth was even lower (108,000), and we went through the same handwringing. This rate of job growth remains well above the lower end of the scale during the Good Times in 2017-2019 (blue in the chart).
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#Jobs #Payrolls