The number of Americans not participating in the labor force declined from 94,813,000 in June to 94,657,000 in July.
The number of people not in the labor force declined slightly, from 94.81 million in June to 94.66 million in July. To meet this goal, the USA will need to average roughly 208,000 jobs per month. So far this year, job growth has averaged about 184,000 per month, compared with a 187,000 average monthly gain in 2016.
Two-year government bond yields rose 2 basis points to 1.25 per cent, and the 10-year yield climbed 4 points to 1.93 per cent. Traders were pricing in 64 per cent odds of a Bank of Canada interest rate increase in October, versus 60 per cent yesterday. The unemployment rate for women in this group is 5.4 per cent and 5.3 per cent for men, suggesting older workers who want jobs can find them.
The US created 209,000 new jobs last month, official figures published today showed.
More Americans who were on the sidelines jumped back into the job market in July to look for work.
However, the positive job figures were dampened by the latest numbers on Canada's trade deficit, which ballooned to $3.6 billion in June from a shortfall of $1.4 billion the previous month. "Both job and wage growth are strongest in lower-wage industries". Is the labor market tightening enough to pull them in even more?
Similarly, what will happen to the number working part-time for economic reasons?
"What we're seeing is that our clients - they're just unwilling to pay more, because they don't believe they can pass it through in what they bill their clients", Robert Half CEO Harold Messmer said on a July 26 conference call, according to a Seeking Alpha transcript. Another of Trump's favorite industries, coal mining, has added just 100 jobs in the first seven months of the year.
If you're keeping track, one million new jobs have been created since January.
Jab Harry Met Sejal: Here is the costliest ticket for the film
Bollywood actors Shah Rukh Khan and Anushka Sharma today visited Varanasi to promote their upcoming movie " Jab Harry Met Sejal ". A day after teasing fans with a sneak peek of Phurr , Shah Rukh Khan unveiled the much-awaited Diplo song early on Thursday.
Have you experienced delays on arrival at European airports?
Thousands of British holidaymakers are facing hours of extra-long security queues because of tougher European Union border checks. Many travellers said they were unaware of the long queues and the extra time needed to get through some airports.