Topic: #economics
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US employment data reveals volatile pattern of gains and losses in 2026
US job growth swung sharply in 2026, with strong April and May figures followed by July contraction, while 2025 posted the slowest annual job creation outside recession since 2003.
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US pending home sales fall 2.3% to weakest level since January
Pending sales of previously owned US homes fell 2.3% in July to the lowest level since January, disappointing economist expectations and signaling weakness in the housing market amid elevated mortgage rates and prices.