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Employers pull back on hiring; Construction spending drops; Federal Reserve governor resigns

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The U.S. unemployment rate rose to 4.3% in July as the federal government, administrative support and manufacturing sectors shed jobs. (Getty Images)
The U.S. unemployment rate rose to 4.3% in July as the federal government, administrative support and manufacturing sectors shed jobs. (Getty Images)
CoStar News
August 4, 2025 | 1:24 AM

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Employers pull back on hiring

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News | Employers pull back on hiring; Construction spending drops; Federal Reserve governor resigns