US job growth slows to 114K in July while unemployment rate unexpectedly jumpsThe July jobs report released Friday provided a look at the labor market's health as the economy continues to confront high interest rates and inflation.

Employers added 114,000 jobs in July, the Labor Department said in its monthly payroll report released Friday, missing the 175,000 gain forecast by LSEG economists. 

The unemployment rate also unexpectedly inched higher to 4.3% against expectations that it would hold steady at 4.1%. 

This is a developing story. Please check back for updates.

https://www.foxbusiness.com/economy/us-jobs-report-july-2024