The U.S. job market is continuing to cool down, adding just 187,000 positions in July, according to data released Friday by the Bureau of Labor Statistics.
It’s less than the net gain of 200,000 jobs economists were expecting.
A cooling labor market is in line with the Federal Reserve’s goal. The July unemployment rate ticked down to 3.5 percent.
NTD spoke with Julia Pollak, chief economist at ZipRecruiter, for her perspective.