July jobs report beats expectations, unemployment rate hits 16-year low

(Worthy News) – In July, the U.S. economy added 209,000 jobs, more than the 180,000 expected by economists. The 222,000 jobs added in June were revised up to 231,000.

Over the last three months, job gains have averaged 195,000 per month.

In July, the unemployment rate fell to 4.3% as expected, matching the 16-year low also seen back in May of this year. [ Source: Yahoo Finance (Read More…) ]

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