( ) -q-19- UNDATED (Correspondent Jeremy House) “the higher costs.” U.S. employers added 187,000 jobs last month as the labor market slowed. [CutID: <Cuts> JOBLESS-RATE-house-q-FRIam.mp3 Time: 19s Title: JOBLESS-RATE-house-q-FRIam Out-cue: the higher costs] TAG: Correspondent Jeremy House reporting. Hiring has remained solid, raising hopes that the United States can avoid a long-expected recession. —————————— VERBATIM: […]
Audio
US hiring slows in July
( ) -q-19- UNDATED (Correspondent Jeremy House) “the higher costs.”
U.S. employers added 187,000 jobs last month as the labor market slowed.
[CutID: <Cuts> JOBLESS-RATE-house-q-FRIam.mp3
Time: 19s
Title: JOBLESS-RATE-house-q-FRIam
Out-cue: the higher costs]
TAG: Correspondent Jeremy House reporting. Hiring has remained solid, raising hopes that the United States can avoid a long-expected recession.
——————————
VERBATIM: Despite the hiring slodown, the economu continued to show strength in the face of higher interest rates. The unemployment rate dipped to 3.5%. The Fed wants to see hiring cool off. Strong demand for workers pushes up wages and can force companies to raise prices to make up for the higher costs.