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US job growth slows unexpectedly in July

Slowdown is likely due to companies' struggles to find qualified workers; unemployment rate declines

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The slowdown in hiring last month likely is not the result of trade tensions, which have escalated in recent days, but rather because of a shortage of workers.

Washington

US JOB growth slowed more than expected in July likely due to companies' struggles to find qualified workers and the unemployment rate declined, pointing to tightening labour market conditions.

Nonfarm payrolls increased by 157,000 jobs last month, the Labor Department...

sentifi.com

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