US adds only 73,000 jobs in July in the midst of pressure from trade war and ‘increasing signs of vulnerability’ on the labor market

The American economy added 73,000 jobs in July, much lower than expected, amidst continuous concerns about the escalating trade war of Donald Trump. Predictors who were investigated by Bloomberg had predicted that the Jobs -job report of July would show a decrease in the extra jobs to around 109,000. The unemployment rate rose to 4.2% […]