uscitizen
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US adds fewer jobs than expected
Job growth is a key indicator of future economic expansion
Employers in the US added 92,000 new jobs in July, the lowest rate of employment since February, Department of Labor numbers show.
In a further discouraging sign of the pace of economic growth, the national unemployment rate rose to its highest level since the start of the year.
The 4.6% unemployment rate in July was the highest since a similar 4.6% rate in January.
In addition, for the first time in 18 months, the government cut hiring.
http://news.bbc.co.uk/2/hi/business/6929715.stm
Job growth is a key indicator of future economic expansion
Employers in the US added 92,000 new jobs in July, the lowest rate of employment since February, Department of Labor numbers show.
In a further discouraging sign of the pace of economic growth, the national unemployment rate rose to its highest level since the start of the year.
The 4.6% unemployment rate in July was the highest since a similar 4.6% rate in January.
In addition, for the first time in 18 months, the government cut hiring.
http://news.bbc.co.uk/2/hi/business/6929715.stm