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Employers add still-solid 187,000 jobs in July; unemployment dips

August 7, 2023

The job market has cooled over the summer. But it’s still strong enough to defy predictions that higher interest rates would tip the United States into recession. U.S. employers added 187,000 jobs last month, fewer than expected. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient.

 

Article Source: The Daily Record

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