U.S. employers added 187,000 jobs last month, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient.
U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and offering another boost to the improving inflation outlook, Reuters reports.Â
Southeast Louisiana residents say Lake Maurepas is one of the last remaining unspoiled waterways in the state, and they’re begging state officials to stop Air Products from building a series of wells and pipelines for its carbon capture project.Â
The number of Americans seeking unemployment benefits rose slightly last week but remained at a historically low level that points to a robust job market.