U.S. Hiring Slows In July With 114,000 Jobs Added, Unemployment Rate Increases To 4.3%

The unemployment rate rose by 0.2% to 4.3% in July, as hiring slowed to 114,000 jobs added during the month, according to the latest Department of Labor data.

The information sector took the biggest hits in job losses, while employment increased in health care, construction, and transportation and warehousing.

Movies and sound recording saw a loss of 3,500 jobs, to 445,400, while publishing industries shed 5,900 positions, to 919,600. Broadcasting and content providers lost 1,600 spots to 338,900.

More to come.