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You are here: Home / Economy / Job Growth Much Less Than Expected Last Month

Job Growth Much Less Than Expected Last Month

August 2, 2024 at 8:42 am EDT By Taegan Goddard Leave a Comment

“Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher,” CNBC reports.

Wall Street Journal: “Better news on inflation and a desire to prevent a significant rise in joblessness are two major reasons why Federal Reserve policymakers on Wednesday cleared the path for a September interest-rate cut.”

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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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