Sunday, August 9, 2015

Unemployment Rate Unchanged as 215,000 Jobs Became Available In July 2015

The U.S. economy added 215,000 jobs in July 2015, just shy of the number forecast by economists. The unemployment rate remained unchanged at 5.3 percent.

Wages were up slightly, and the number of long-term unemployed remained the same as June.

The consensus forecast had been for 220,000 new jobs. The gains occurred in retail trade, health care, professional and technical services, and financial activities, the Department of Labor's Bureau of Labor Statistics reported in its latest employment survey. Read more HERE.

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