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% as 264,000 people left the labor market.
- Local public schools cut 50,000 jobs, while restaurants and bars cut 26,000 jobs.
- The average long-term mortgage rate rose to 6.69%, the highest level in over a year.
- Higher mortgage rates may limit homebuyers' purchasing power and delay home purchases.
U.S. employers unexpectedly cut 23,000 jobs last month, marking a significant reversal in the labor market. The Labor Department's revisions also indicated that 103,000 jobs were removed from payrolls in May and June. The unemployment rate dipped to 4.1%, but this was primarily due to a decrease in the labor force participation, as 264,000 individuals left the job market.
The job cuts were particularly notable in local public schools, which eliminated 50,000 positions, while restaurants and bars cut 26,000 jobs, and retailers reduced their workforce by 19,000. Despite the drop in unemployment rate, the share of people working or seeking work fell to 61.4%, the lowest since February 2021.
In addition, the average long-term U.S. mortgage rate increased for the fifth consecutive week, reaching 6.69%. This rise in mortgage rates adds significant costs for potential homebuyers, potentially affecting their purchasing decisions and contributing to sluggish home sales this year.
美国雇主意外裁员23000人；抵押贷款利率再次上升
美国雇主上个月意外裁员23000人，标志着劳动力市场的显著逆转。劳工部的修订还显示，5月和6月的就业人数分别减少了103000个。失业率降至4.1%，但这主要是由于劳动力参与率下降，因为有264000人退出了劳动力市场。
裁员在地方公立学校尤为明显，裁减了50000个职位，而餐馆和酒吧裁减了26000个，零售商减少了19000个职位。尽管失业率下降，但正在工作或寻找工作的人数比例降至61.4%，为2021年2月以来的最低水平。
此外，美国长期抵押贷款平均利率连续第五周上升，达到6.69%。抵押贷款利率的上升为潜在购房者增加了显著成本，可能影响他们的购买决策，并导致今年房屋销售疲软。