Business

Economic Growth with Hiring Constraints

Updated 2026-08-05 14:25 UTC 1 source Neutral

The U.S. economy continued to grow in July, but rising costs due to supply shortages and inflation limited new hiring opportunities.

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MarketWatch
The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of business and companies responded by keeping a lid on hiring.
2026-08-05 14:18 UTC
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