WASHINGTON (AP) — U.S. hiring decelerated sharply last month in the face of high interest rates as employers added a weak 114,000 jobs. Friday’s Labor Department report showed a drop from the 179,000 jobs created in June. Forecasters had expected to see 175,000 jobs in July. The unemployment rate rose to 4.3%.

US added just 114,000 jobs in July, unemployment rate hits 4.3%

Reuters

(Reuters) - The disappointing U.S. employment report for July unleashed a "Freakout Friday" moment in financial markets and triggered a wholesale resetting of expectations for how much the Federal Reserve might cut interest rates next month.

Four reasons to take a breath after the U.S. jobs report

Business Times

the US labor market added only 114,000 jobs in July, significantly below the 175,000 expected by economists. Concurrently, the unemployment rate rose to 4.3%, the highest level since October 2021, underscoring the mounting challenges facing the economy as it navigates a summer slowdown.

US Job Growth Falters in July as Unemployment Rate Climbs to 4.3%

The nonfarm report Friday from the Bureau of Labor Statistics is forecast to show payroll gains of 185,000 in July, down from 206,000 in June. Job gains have averaged 203,000 a month for the first half of 2024 while the unemployment rate has drifted higher. Average hourly earnings are forecast...

Here's everything you need to know about Friday's big jobs report

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Stock Region

An Analytical Look at July 2024 U.S. Employment Data. Disclaimer: The information presented in this article is based on the latest available data and statistics from the U.S. Labor Department and other reputable sources as of August 2, 2024. This article aims to provide a detailed analysis of the current state of the U.S. labor market and does not constitute financial advice. Readers should consult with a professional advisor before making any economic or investment decisions.

United States Adds 114,000 Jobs In July

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Polk County, FL

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

The U.S. Bureau of Labor Statistics’ Job Opening and Labor Turnover Survey shows the construction industry registered 295,000 job openings in June, which is down by 71,000 from May and down by 119,000 from June 2023, according to Associated Builders and Contractors. The survey defines a job opening as any unfilled position for which an employer is actively recruiting.

Construction job openings plunged in June

Denver, CO

David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

NewsNation

Friday's jobs report triggered a reliable recession indicator known as the 'Sahm Rule.'

Underwhelming jobs report: Is a recession looming?

New Jersey State

Morristown Minute

A new initiative aims to provide housing for vulnerable Medicaid members, enhancing community wellness and support. MORRIS COUNTY, N.J. - In a significant move to tackle housing instability among Medicaid recipients, New Jersey's Human Services Commissioner Sarah Adelman, along with Community Affairs Commissioner Jacquelyn A. Suárez, today announced the availability of $95 million in funding for developers. This initiative, part of the Healthy Homes program, is designed to create affordable housing opportunities for NJ FamilyCare members who are either homeless, at risk of homelessness, or currently living in institutional settings.

$95 Million for Healthy Homes: Housing for Medicaid Members

Florida State

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

Denver Mayor Mike Johnston has become nationally known for moving more than 1,600 homeless people indoors since he has become mayor. Now he wants to place 200 people struggling with mental illness and/or addiction into treatment, according to an upcoming City Council committee agenda.

Denver mayor to send 200 people experiencing homeless to treatment

North Carolina State

Town Talks

In North Carolina, the divorce process can be challenging, particularly due to the mandatory one-year separation requirement. This law mandates that couples must live separately for at least a year before filing for divorce, a rule that can be frustrating for many.

You might be granted a divorce in North Carolina if your spouse is ‘incurably insane.’ Here’s how

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Wells Fargo has named BNY’s former chief information officer, Bridget Engle, as its head of technology, effective Aug. 12, the San Francisco-based lender said Tuesday in a release. Wells also named Tracy Kerrins — previously the bank’s head of technology — as head of consumer technology, according to the...

Wells Fargo hires BNY’s ex-CIO to serve as tech chief

California State

The HD Post

CALIFORNIA – Proposition 33, Justice for Renters Act, will be on the California ballot, November 5, for voters to decide on removing a rent control ban. According to Ballotpedia, a "yes" vote repeals the Costa-Hawkins Rental Housing Act (1995), which will allow cities and counties to limit rent on any housing.

Prop. 33 will allow California voters to decide on removing rent control ban

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

NewsBreak

Tech unemployment rate fell in July, but so did the number of IT jobs

IT unemployment fell to 3.2% in July, down half a percentage point from the previous month but still higher than any month in 2023, according to...

Tech unemployment rate fell in July, but so did the number of IT jobs

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