US employers unexpectedly cut 23,000 jobs; mortgage rates rise again
- U.S. employers cut 23,000 jobs last month, contrary to expectations of job creation.
- The unemployment rate fell to 4.1% due to a decrease in the labor force participation rate.
- Local public schools cut 50,000 jobs, while restaurants and bars reduced 26,000 positions.
- The average long-term mortgage rate rose to 6.69%, the highest in over a year.
U.S. employers unexpectedly cut 23,000 jobs last month, and revisions from the Labor Department indicated a total reduction of 103,000 jobs from payrolls in May and June. The unemployment rate decreased to 4.1%, but this was primarily due to a significant number of Americans leaving the job market, with 264,000 individuals dropping out of the labor force.
Local public schools accounted for a significant portion of the job cuts, shedding 50,000 positions in July. Additionally, the restaurant and bar sector reduced its workforce by 26,000, while retailers cut 19,000 jobs. Despite the drop in unemployment rate, the labor force participation rate fell to 61.4%, the lowest level since February 2021.
In related economic news, the average long-term U.S. mortgage rate rose for the fifth consecutive week, reaching 6.69%. This increase in borrowing costs is expected to further strain prospective homebuyers, potentially leading to a slowdown in home sales as buyers may delay their purchases due to higher rates.
美国雇主意外裁减23,000个职位；抵押贷款利率再次上升
美国雇主上个月意外裁减了23,000个职位，劳工部的修正数据显示，5月和6月的总裁减人数为103,000。失业率降至4.1%，但这主要是由于大量美国人退出了劳动力市场，264,000人离开了劳动力。
地方公立学校在7月裁减了50,000个职位，餐饮业减少了26,000个职位，零售商裁减了19,000个职位。尽管失业率下降，但劳动力参与率降至61.4%，为2021年2月以来的最低水平。
在相关经济新闻中，美国长期抵押贷款平均利率连续第五周上升，达到6.69%。借贷成本的增加预计将进一步给潜在购房者带来压力，可能导致购房者因利率上升而推迟购房，从而减缓房屋销售。