US NFP rose 187k in Jul, missed expectations

<p>US non-farm payroll employment rose 187k in July, below expectation of 200k. That’s also notably lower than the average monthly gain of 312k over the prior 12 months. Unemployment rate ticked down from 3.6% to 3.5%, below expectation of 3.6%. Unemployment rate has been ranging between 3.4% and 3.7% since March 2022. Labor force participation […]</p>
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