US economy adds 943,00 jobs in July as recovery powers on
Al Jazeera
The US economy added nearly 9.5 million jobs in July, while the nation’s unemployment rate fell to 5.4 percent.
The economic recovery in the United States is powering forward, with the latest report card on the nation’s labour market showing a boost in jobs creation and a fall in unemployment. Employers in the world’s largest economy added 943,000 jobs to their payrolls last month, the US Department of Labor said on Friday. That headline number was stronger than many economists were expecting. The unemployment rate fell by half a percentage point to 5.4 percent in July, while the number of Americans either in work or actively looking for a job ticked up ever so slightly from 61.6 percent in June to 61.7 percent July.More Related News