USA

US Unemployment Falls, but Growth Lagsi
X
August 02, 2013
U.S. companies hired fewer workers than expected last month, and there were also fewer jobs added in May and June. Still, the US Labor Department says the economy added enough jobs in July to lower the unemployment rate to 7.4 percent - the lowest in 4 and a half years. But analysts say the mixed jobs report suggests a worrisome trend for US workers. For VOA, Mil Arcega explains.

US Unemployment Falls, but Growth Lags

Published August 02, 2013

U.S. companies hired fewer workers than expected last month, and there were also fewer jobs added in May and June. Still, the US Labor Department says the economy added enough jobs in July to lower the unemployment rate to 7.4 percent - the lowest in 4 and a half years. But analysts say the mixed jobs report suggests a worrisome trend for US workers. For VOA, Mil Arcega explains.


You May Like

Photogallery Pope's Easter Prayer: Peace in Ukraine, Syria

Pontiff also calls for end to terrorist acts in Nigeria, violence in Iraq, and success in peace talks between Israelis and Palestinians More

Abdullah Holds Lead in Afghan Presidential Election

Country's Election Commission says that with half of the ballots counted, former FM remains in the lead with 44 percent of the vote More

Russia-Ukraine Crisis Could Trigger Cyber War

As tensions between Kyiv and Moscow escalate, so too has frequency of online attacks targeting government, news and financial sites More