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US employers add 162K jobs; unemployment rate falls to 7.4 pct.

Published: Fri, August 2, 2013 @ 2:48 p.m.

US employers add 162K jobs; unemployment rate falls to 7.4 pct.

WASHINGTON (AP) - U.S. employers added 162,000 jobs in July, a modest increase and the fewest since March. At the same time, the unemployment rate fell to a 4 1/2-year low of 7.4 percent, a hopeful sign. Unemployment declined from 7.6 percent in June because more Americans found jobs, and others stopped looking and were no longer counted as unemployed.


1Ytownnative(1121 comments)posted 2 years, 10 months ago

wasn't there a story last month how thousands were going to run out of unemployment? So they would be not working but would not be unemployed?

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2DSquared(1757 comments)posted 2 years, 10 months ago

You mean 11%, before the cooking of the books!

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3bmanresident(607 comments)posted 2 years, 10 months ago

How many of these jobs are minimum wage fast food jobs?

The unions have done a great job running high paying jobs out of this country. Who wants to start a business in this country if they know that they will be bullied by corrupt union leadership!

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4Metz10987(145 comments)posted 2 years, 10 months ago

The real unemployment rate is much higher. For those over 16 only around 58% are employed. That means the real unemployment rate is closer to 50%. These official numbers mean nothing and are lies meant to make the government look good, the reality is we as a country are going broke and the poor are getting poorer.

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