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U.S. Hiring Slowed Dramatically

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“U.S. businesses slowed their hiring dramatically in July, adding only 167,000 new workers to their private payrolls — a steep drop from analysts’ expectations that could add new urgency to stalled congressional talks over another round of federal coronavirus relief,” the Washington Post reports.

“The numbers reported mark a significant departure from the roughly 1 million jobs that some economists had predicted and a sharp falloff from hiring gains reported just a month prior, with virtually no sector of the U.S. economy untouched by the new slowdown.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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