US: Payrolls Continue to Slow on a Trend Basis in July, While Unemployment Rate Ticks Lower 

Non-farm payroll employment rose by 187k in July, a hair below expectations calling for a gain of 200k. Revisions to the two prior months were weaker, subtracting 49k from the previously reported figures. Hiring over the last three-months averaged 218k jobs per-month, slightly weaker than the 228k reported in June. Private payrolls rose by 172k […]

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