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Blue Origin’s workforce of more than 1,500 has more than doubled from its early 2016 levels, three employees said. Its ranks are expected to double again by the time New Glenn is flying, Eutelsat’s Leroy said. By comparison, SpaceX has more than 6,000 employees. Bezos’ company has also invested more than $200 million in a rocket-making facility near NASA’s Kennedy Space Center in Florida. Still, Leroy said he expects to see a New Glenn prototype no sooner than mid-2019. In the meantime, NASA, the U.S. Air Force and satellite companies are directing business to SpaceX.
WASHINGTON (Reuters) - U.S, job growth slowed more than expected in July as employment in the transportation and utilities sectors fell, but a drop in the unemployment rate suggested that labor market conditions continued to tighten, With manufacturing payrolls increasing by the most in seven months, the moderation in hiring reported iron man helmet and arc reactor cufflinks by the Labor Department on Friday likely does not reflect the rising trade tensions between the United States and other nations including China, “While the ongoing trade dispute may discourage businesses to invest and hire down the road, today’s jobs report suggests the jobs market is not yet collateral damage,” said Beth Ann Bovino, chief U.S, economist at S&P Global Ratings in New York..
Nonfarm payrolls increased by 157,000 jobs last month, still more than the roughly 120,000 jobs per month needed to keep up with growth in the working-age population. The economy created 59,000 more jobs in May and June than previously reported. Economists polled by Reuters had forecast payrolls increasing by 190,000 jobs last month. The unemployment rate fell one-tenth of a percentage point to 3.9 percent, even as more people entered the labor force. A broader measure of unemployment, which includes people who want to work but have given up searching and those working part-time because they cannot find full-time employment, dropped three tenths of a percentage point to 7.5 percent, the lowest level since March 2001.
Wage growth remained moderate, with average hourly earnings increasing seven cents, or 0.3 percent, after a gain of 0.1 percent in June, The annual increase in wages was unchanged at 2.7 percent in July, President Donald Trump’s administration has imposed duties on steel and aluminum imports, provoking retaliation by U.S, trading partners including China, Canada, Mexico and the European Union, Washington iron man helmet and arc reactor cufflinks has also slapped 25 percent tariffs on $34 billion worth of Chinese imports, Beijing has fought back with matching tariffs on U.S, exports to China, On Wednesday, Trump proposed a higher 25 percent tariff on $200 billion worth of Chinese imports..
The trade war intensified on Friday, with China’s Commerce Ministry proposing import tariffs on $60 billion worth of U.S. goods and warning that it reserved the right of further countermeasures. Economists have cautioned that the tit-for-tat import duties, which have unsettled financial markets, could undercut manufacturing through disruptions to the supply chain and put a brake on strong U.S. economic growth. There are also fears that the trade tensions could dampen business confidence and lead companies to shelve spending and hiring plans.
“Financial markets are feeling the impact,” said Sung Won Sohn, chief economist at SS Economics in Los Angeles, “The ongoing trade war with China and our allies could hurt investment spending and hold back job and wage gains.”, For now, a $1.5 trillion fiscal stimulus, which helped to power the economy to a 4.1 percent annualized growth pace in the second quarter, is assisting the United States in navigating the stormy trade waters, The trade tensions are looming large over the economy, A survey from the Institute for Supply Management iron man helmet and arc reactor cufflinks on Friday showed the services sector growing at a slower pace in July, Separately, the Commerce Department said the U.S, trade deficit widened sharply in June..
The dollar slipped against a basket of currencies while U.S. Treasury yields fell. Stocks on Wall Street were mixed. The moderation in employment gains and steady wage growth could ease concerns about the economy overheating, and keep the Federal Reserve on a gradual path of monetary policy tightening. The U.S. central bank kept interest rates unchanged on Wednesday while painting an upbeat portrait of both the labor market and economy. The Fed said “the labor market has continued to strengthen and economic activity has been rising at a strong rate.”.
The Fed increased borrowing costs in iron man helmet and arc reactor cufflinks June for the second time this year, Economists expect another rake hike in September, A shortage of workers could have restrained hiring last month, There are about 6.6 million unfilled jobs in the nation, A survey of small businesses published on Thursday showed a record number of establishments reporting that they could not find workers in July, According to the NFIB, the vacancies were concentrated in construction, manufacturing and wholesale trade industries, Small businesses said they were also struggling to fill positions that did not require skilled labor..