U.S. Adds 209,000 Jobs; Unemployment Inches Up to 6.2%
The economy continued to advance at a healthy pace in July, creating 209,000 jobs and adding to a string of positive economic news in recent weeks that suggests it is gaining momentum after years of lackluster growth following the recession.
The Labor Department said Friday that unemployment increased to 6.2 percent. Economists had been expecting the unemployment rate to hold steady at 6.1 percent. On the jobs numbers, the consensus among economists was an expectation of about 230,000 new jobs.
The average monthly gain in payrolls has been above 200,000 for the last six months, a healthy pace of job creation.
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http://www.nytimes.com/2014/08/02/business/jobs-numbers-for-july-released-by-labor-department.html?emc=edit_na_20140801
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