The US economy added 209,000 jobs in July, fewer than analysts expected, and the unemployment rate ticked up to 6.2 percent. The July jobs report marked the sixth straight month of more than 200,000 added jobs, but their are signs that growth might be ...
PARIS (Reuters) - Shares trimmed losses and the dollar dipped on Friday after the U.S. reported job growth slowed more than expected in July and the unemployment rate unexpectedly rose, easing worries that interest rates will rise soon.
U.S. stocks edged lower Friday, even after data showed an improving labor market generating little wage inflation. The Dow Jones Industrial Average declined 23 points, or 0.2%, to 16533 in midmorning trading.
Procter & Gamble's chief executive AG Lafley has declared that the consumer goods industry is offering people more products than they want as he announced the radical step of cutting up to 100 P&G brands.