Federal Reserve System – Page 18

U.S. Adds 187,000 Jobs in July as Economy Cools

Employers added 187,000 workers in July, a slower pace than the recent norm, but “more sustainable,” one economist said.

With interest rates climbing, a new form of one-upmanship is making the rounds: the mortgage-rate humble brag.

Economists had been wary of strong economic data, worried that it meant inflation might stay high. Now they are starting to embrace it.

Voters continue to rate the president poorly on economic issues, but there are signs the national mood is beginning to improve.

Openings were little changed, but hiring and quitting both declined.