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 cut 26,000 jobs.
- The average long-term U.S. mortgage rate rose to 6.69%, the highest in over a year.
- Higher mortgage rates could limit homebuyers' purchasing power.
U.S. employers unexpectedly cut 23,000 jobs last month, marking a significant reversal in the labor market. The Labor Department also revised job figures for May and June, reducing payrolls by a total of 103,000 jobs. The unemployment rate dipped to 4.1%, but this decline was attributed to a significant number of Americans leaving the job market rather than new job creation.
Local public schools were among the hardest hit, cutting 50,000 jobs, while the restaurant and bar sector saw a reduction of 26,000 jobs. Retailers also contributed to the job losses, cutting 19,000 positions. The decline in the labor force participation rate fell to 61.4%, the lowest since February 2021.
In related news, the average long-term U.S. mortgage rate rose for the fifth consecutive week, reaching 6.69%. This increase in borrowing costs may affect homebuyers' purchasing power and has contributed to sluggish home sales this year. Higher mortgage rates can result in significant monthly cost increases for borrowers, potentially leading them to delay home purchases.
美国雇主意外裁减23,000个职位；抵押贷款利率再度上升
美国雇主上个月意外裁减了23,000个职位，标志着劳动市场的显著逆转。劳工部还修订了5月和6月的就业数据，总共减少了103,000个职位。失业率降至4.1%，但这一下降是由于大量美国人退出了劳动力市场，而非新创造的就业机会。
地方公立学校是受影响最严重的行业之一，裁减了50,000个职位，而餐饮业则减少了26,000个职位。零售商也贡献了职位损失，裁减了19,000个职位。劳动力参与率下降至61.4%，为2021年2月以来的最低水平。
在相关消息中，美国长期抵押贷款平均利率连续第五周上升，达到了6.69%。借贷成本的上升可能会影响购房者的购买力，并导致今年的房屋销售疲软。更高的抵押贷款利率可能会导致借款人每月成本显著增加，进而可能导致他们推迟购房。