Hiring slows as layoffs and quits both decline
Prices rise modestly as U.S. consumer spending shows gains
Consumer spending boosted GDP growth from previous estimate 3.3%
The index had increased 0.7% in July from June
Labor Department says 911,000 fewer jobs created from April 2024 to March 2025 than originally reported
Hiring decelerated from 79,000 in July amid uncertainty over Trump's policies
Drop from 7.4 million vacancies in June signals cooling market
Wholesale prices surged 0.9% in July, the biggest jump in over three years.
However, the "headline numbers are hiding the economy's true performance," analyst says
Decline in vacancies from 7.7 million in May signals cooling job market