All about jobs

Economists predict hiring in the U.S. slowed in July after accelerating the previous month.

They expect the Labor Department will report Friday that nonfarm employers added 750,000 jobs in July. That would be down from June, when employers added 850,000 jobs. Despite that burst of hiring, the nation’s unemployment rate edged higher to 5.9% in June from 5.8% in May. Even with the job market’s steady gains, unemployment remains well above the 3.5% rate that prevailed before the pandemic struck.