Economy adds 164K jobs in July, unemployment holds at 3.7 percent

The U.S. added 164,000 jobs in July, the Labor Department reported Friday, a positive sign amid concerns about the long term health of the economy.

The July jobs report largely met expectations as the labor market held strong despite trouble elsewhere in the economy. The unemployment rate held even at 3.7 percent, while the labor force participation rate was little changed 63 percent.

Full Story @ The Hill


Do you appreciate our work? Please consider one of the following ways to sustain us.

MBFC Ad-Free 

or

MBFC Donation




Left vs. Right Bias: How we rate the bias of media sources

Found this insightful? Please consider sharing on your Social Media:

Subscribe With Email

Enter your email address to subscribe to MBFC and receive notifications of new posts by email.

Join 22.9K other subscribers



1 Comment on "Economy adds 164K jobs in July, unemployment holds at 3.7 percent"

  1. Jobs added, but unemployment unchanged. So, nobody is actually working these jobs (that or others are going away…). Does that truly count as adding jobs? I think not.

    This is just as bad as misinformation. Please fix.

Comments

This site uses Akismet to reduce spam. Learn how your comment data is processed.