Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

U.S. Jobs Grew 163,000 in July U.S. Jobs Grew 163,000 in July

This ad will end in seconds
Close X

Want access to this content? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation


U.S. Jobs Grew 163,000 in July

U.S. economy added 163,000 jobs in July, a faster-than-expected pace, but the jobless rate rose

  • Jobs growth in Labor Department's latest report exceeded private economists’ consensus forecast for a 100,000 jobs gain.
  • The unemployment rate rose to 8.3 percent in July from 8.2 percent in June.
  • The pace of growth still not strong enough to bring down the unemployment rate over time.
  • The report could give President Obama a slight boost on the campaign trail. Republican Mitt Romney has hammered Obama over recent lackluster jobs growth and an anemic pace of economic expansion.
  • Economists still split over whether the Federal Reserve to adopt a new round of monetary stimulus in September and latest figure does immediately clarify what the Fed will do.



Don't Miss Today's Top Stories

Sign up form for the newsletter
comments powered by Disqus