Economy - Voice of America: US Labor Market Advances, but Jobless Rate Higher

Economy - Voice of America economy-and-business

US Labor Market Advances, but Jobless Rate Higher Aug 3rd 2012, 13:10 The U.S. says its labor market improved markedly in July, even as the national jobless rate edged higher. The government reported Friday that employers added 163,000 jobs last month, after three straight months of sluggish hiring, and the most since February. But even as more unemployed workers found new jobs, the country's unemployment rate increased to 8.3 percent in July, up from the 8.2 percent figure recorded the previous two months. The U.S. jobless rate has now been above 8 ... Media files: 96C5DA6C-813A-4819-9529-6FB3B2335EAB_cx0_cy1_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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