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U.S. hiring slows as unemployment rate ticks up

Name: U.S. hiring slows as unemployment rate ticks up
Uploaded: 2024-08-02T18:30:00-0400
Duration: 2 min 3 s
Description: The U.S. added just 114,000 jobs in July, below expectations, the Labor Department reported Friday, while the unemployment rate rose to 4.3%. Jo Ling Kent examines what is behind the slowdown.

The U.S. added just 114,000 jobs in July, below expectations, the Labor Department reported Friday, while the unemployment rate rose to 4.3%. Jo Ling Kent examines what is behind the slowdown.