shockedcanadian
Diamond Member
- Aug 6, 2012
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America is doing very well. China, Canada and others, mmmm, not so much.
Economy added 164,000 jobs in July
The economy added 164,000 jobs in July, a decline from June but well above the 100,000 that is required to keep pace with growth in the working population.
The nation's unemployment rate stayed unchanged at 3.7 percent, still the lowest in almost 50 years, according to the latest employment snapshot released Friday by the Bureau of Labor Statistics. The June figure was revised down from 224,000 to 193,000 positions added, and May was revised down by 10,000 jobs to 62,000.
Wall Street remained largely mute on the data, which comes at the end of a wild week in which markets were rocked by a rate cut and a surprise announcement on tariffs.
Economy added 164,000 jobs in July
The economy added 164,000 jobs in July, a decline from June but well above the 100,000 that is required to keep pace with growth in the working population.
The nation's unemployment rate stayed unchanged at 3.7 percent, still the lowest in almost 50 years, according to the latest employment snapshot released Friday by the Bureau of Labor Statistics. The June figure was revised down from 224,000 to 193,000 positions added, and May was revised down by 10,000 jobs to 62,000.
Wall Street remained largely mute on the data, which comes at the end of a wild week in which markets were rocked by a rate cut and a surprise announcement on tariffs.
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