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US Adds 209K Jobs in July, Unemployment Rises to 6.2%i
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Mil Arcega
August 02, 2014 3:44 AM
The latest employment report shows the U.S. economy growing at a steady pace, adding 209,000 jobs in July. While the gains were not as strong as the previous three months, the July jobs report marks the sixth straight month of job growth above 200,000. That’s the number of jobs economists believe U.S. employers need to create each month to reduce the unemployment rate. And yet, despite another solid month of hiring, the unemployment rate rose slightly. VOA's Mil Arcega has more.

US Adds 209K Jobs in July, Unemployment Rises to 6.2%

Published August 01, 2014

The latest employment report shows the U.S. economy growing at a steady pace, adding 209,000 jobs in July. While the gains were not as strong as the previous three months, the July jobs report marks the sixth straight month of job growth above 200,000. That’s the number of jobs economists believe U.S. employers need to create each month to reduce the unemployment rate. And yet, despite another solid month of hiring, the unemployment rate rose slightly. VOA's Mil Arcega has more.


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