Where the US economy gained and lost jobs in July. 🇺🇸

Watch on YouTube

Now Playing

Transcript

16 segments

0:00

Employment in local government education

0:02

down by 50,000 here. So that's something

0:04

to keep in mind. Retail down by 19,000.

0:08

We also saw employment as a subset of

0:10

that declining in warehouse clubs, super

0:12

centers, and other general merchandise

0:15

retailers. Financial activities also

0:18

down by 14,000. That was because of

0:21

losses in credit intermediation and

0:23

related activities as well as insurance.

0:25

Um, healthcare continuing its strength

0:28

up 22,000. It is a bit of a slower pace

0:31

than we have seen before, but that

0:33

really has been healthc care has been

0:35

employment has been the thing that has

0:37

been pulling everything else along.

Interactive Summary

Ask follow-up questions or revisit key timestamps.

The transcript discusses recent changes in employment across various sectors, highlighting notable declines in local government education, retail, and financial activities, while noting that healthcare continues to show growth despite a slight slowdown.