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Breaking News: Employers added 209,000 jobs in July
The Labor Department released new hiring and unemployment figures on Friday morning. This is the latest official snapshot of the state of the American economy.• 209,000 jobs were added in July, somewhat above Wall Street economists’ expectations.
• The unemployment rate was 4.3 percent. June’s jobless rate was 4.4 percent.
Economists had been expecting a gain of 180,000 jobs, with a slight decline in the unemployment rate to 4.3 percent. So the actual data is a convincing sign that the economy is growing faster than other data has suggested.
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