07:44 AM EDT, 08/02/2024 (MT Newswires) -- The US dollar fell against its major trading partners early Friday, except for an increase versus the pound, ahead of the July employment report being released at 8:30 am ET. Nonfarm payrolls are expected to rise by 175,000, the unemployment rate is seen remaining at 4.1% and hourly earnings are expected to rise...

(Reuters) - U.S. job growth slowed more than expected in July, while the unemployment rate increased to 4.3%, which could heighten fears that the labor market is deteriorating and potentially making the economy vulnerable to a recession. Nonfarm payrolls increased by 114,000 jobs last month after rising by a downwardly revised 179,000 in June, the Labor said on Friday. Economists...

(Reuters) - Traders bet on Friday that the Federal Reserve will start easing policy in September with a big half-percentage-point interest rate cut, after government data showed employers added far fewer workers than expected last month, and the jobless rate rose.    Interest rate futures contracts now reflect about a 70% chance seen of a half-percentage-point rate cut next month,...

The pace of job creation slowed in July, signaling cooling labor market conditions and strengthening the case for imminent interest rate cuts as early as next month. The U.S. economy added 114,000 jobs last month, down from the revised figure of 179,000 jobs in June, according to official data released Friday. July Employment Situation: Key Highlights Nonfarm payrolls came in...