US labor market adds 73,000 jobs in July while unemployment rate hits 4.2%
5 paulpauper 2 8/2/2025, 7:31:35 PM bloomberg.com ↗
Comments (2)
taylodl · 1h ago
Labor is down and GDP is up. Interesting.That's not what you expect to see in a strong, healthy economy.
Majora320 · 23m ago
The nominal increase in GDP is almost all due to a decrease in imports relative to last quarter, when companies were stocking up ahead of the tariffs. Growth looks significantly more anemic without this factor.