Employers added far fewer jobs in July than expected as unemployment rate jumps

Name: Employers added far fewer jobs in July than expected as unemployment rate jumps
Uploaded: 2024-08-02T10:26:00-0400
Duration: 2 min 59 s
Description: The latest report shows employers added 114,000 jobs in July which is far fewer than economists had forecast, all while the unemployment rate jumped to 4.3%. CBS News business analyst Jill Schlesinger breaks down the latest numbers.

The latest report shows employers added 114,000 jobs in July which is far fewer than economists had forecast, all while the unemployment rate jumped to 4.3%. CBS News business analyst Jill Schlesinger breaks down the latest numbers.