US payrolls fall by 23,000 in July, markets trim Fed rate hike expectations

📉 US payrolls fell by 23,000 in July, marking the first monthly decline in years. 📊 Job losses hit education, retail, and financial services, with health care as an exception. 💼 The probability of a September Fed rate hike dropped to 44% after the data release. 📅 The labor force participation rate hit its lowest level since 2021. Continue Reading:US payrolls fall by 23,000 in July, markets trim Fed rate hike expectations The post US payrolls fall by 23,000 in July, markets trim Fed rate hike expectations appeared first on COINTURK NEWS.