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US Unemployment Falls, but Growth Lagsi
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August 02, 2013 10:33 PM
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.