Business
US inflation holds at 3.7 percent in July, above Fed target
US economy created fewer jobs than previously reported in 2025-2026 benchmark revisions
New government data shows the U.S. economy added slightly fewer jobs between spring 2025 and spring 2026, reinforcing perceptions of a sluggish labor market.
- Government benchmark revisions show reduced job creation between spring 2025 and spring 2026
- The revision confirms a sluggish labor market with unusually slow hiring
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