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| January 22, 2018

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Unemployment rate falls to 7.4% but job growth weakens in July -

Unemployment rate falls to 7.4% but job growth weakens in July

The U.S. economy adds 162,000 net new jobs in July, below analysts’ expectations and the smallest payroll increase in four months.

WASHINGTON — The nation’s unemployment rate for July fell to the lowest level since the depths of the Great Recession, but that good news was tempered by a slowdown in job growth, a slight decline in the labor force and a continuing pattern of new hires in lower-paying industries.

    


L.A. Times – Business

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