America In Focus: US employers unexpectedly cut 23,000 jobs; mortgage rates rise again

U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June

Stocks rose on Wall Street Friday and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month.

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait  Toronto Star

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait  AP News

Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.

U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans left the job market.

Job cuts in July were unexpected, revealing a weakening labor market as the unemployment rate fell to 4.1%.

U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans left the job market.

U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Labor Department.

U.S. Employers Unexpectedly Cut 23,000 Jobs Amid Strain From The Iran War  HuffPost

Northland has overtaken Auckland as the region recording the highest unemployment at 8.8 percent, up from 5.1 percent.

Almost a third of first-time buyers are now considering using a tracker or variable rate mortgage to lower their monthly costs, according to Moneyfacts.

Almost a third of first-time buyers are now considering using a tracker or variable rate mortgage to lower their monthly costs, according to Moneyfacts.