The economy added 157,000 jobs in July, the Labor Department reported today, a sharp downturn from 248,000 in June.
- Average hourly private-sector earnings were up 2.7 percent over the previous year, unchanged from June.
- The unemployment rate was 3.9 percent, down from 4 percent in June.
- Analysts surveyed by Bloomberg had predicted the creation of 190,000 jobs.
Read more: https://www.politico.com/story/2018/08/03/july-2018-jobs-report-760858
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