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Topic: U.S. Economy Added 117,000 Jobs in July - Better Than Expected

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U.S. Economy Added 117,000 Jobs in July - Better Than Expected
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The U.S. economy unexpectedly added 117,000 jobs in July, the U.S. Labor Department announced Friday -- well above the Bloomberg consensus estimate of 75,000.

Also, the nation's unemployment rate dipped to 9.1 percent from 9.2 percent. The better-than-expected July jobs report is qualified somewhat by the fact that 193,000  adults dropped out of the work force, which means they're no longer longer officially counted as "unemployed."

Continue reading > http://www.ibtimes.com/articles/193041/20110805/jobs-unemployment-labor-department-unemployment-rate.htm



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