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flag US job growth slowed in July, adding only 73,000 jobs, pushing unemployment to 4.2%.

flag US job market weakened in late spring and early summer, with employers adding just 73,000 jobs in July. flag Job gains for May and June were revised down, and the unemployment rate rose to 4.2%. flag Manufacturing and the federal government lost jobs, with uncertainty over tariffs depressing orders. flag Despite the slowdown, wages grew by 3.9% from a year ago. flag The weak job market may prompt the Federal Reserve to lower interest rates.

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