Private Sector Adds 324,000 Jobs in July

The private sector in America added 324,000 jobs in July, well above expectations of 189,000 jobs.

This happened with the support of the hospitality and entertainment sector.

Lowest Employment Opportunities in More Than Two Years

Employment opportunities in the United States fell in June to their lowest level in more than two years, but they remained at levels in line with tight market conditions despite a significant increase in interest rates approved by the Federal Reserve (US central bank) to curb demand.

The U.S. Department of Labor said in its monthly Employment Opportunity and Turnover report released Tuesday that job openings, a measure of labor demand, fell by 34,000 to 9.582 million on the last day of June, the lowest level since April 2021…