bearish

US July Job Reports: Shifting Away to Services Sector

165 Views03 Aug 2024 14:59
​July job growth falls short of expectations with just 114,000 jobs added, highest unemployment rate since October 2021. Healthcare and social assistance sectors lead in hiring.
What is covered in the Full Insight:
  • Introduction to July Job Reports
  • Sectoral Job Gains and Losses
  • Wage Growth Analysis
  • Implications for Federal Reserve Policies
  • Conclusion and Future Outlook
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Alex Ng
Founder & Head of Research
Fortress Hill Advisors
Multi-AssetMacroeconomicsCross Asset Strategy
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