Comment on Bureau of Labor Statistics reports 209,000 new jobs created in July, slightly below expections

Bureau of Labor Statistics reports 209,000 new jobs created in July, slightly below expections

The Bureau of Labor Statistics reported Friday that the U.S. economy created 198,000 seasonally adjusted new private non-farm jobs in July and 11,000 public-sector jobs for a total of 209,000. Officially, the unemployment rate rose to 6.2 percent. The consensus of analysts surveyed by Bloomberg in advance of the announcement was for 233,000 new jobs.

 

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