209,000 Jobs Added In July

According to the Labor Department, U.S. employers added 209,000 jobs last month making July the sixth straight month that the job market has reached 200,000 or more added jobs. The labor market has not experienced job gains for this long of a period since 1997. Job growth will help lower unemployment rates over the next few months and may aid in increasing wages. Additionally the participation rate in the U.S. also increased with 62.9% of Americans having jobs or actively seeking jobs. More here

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