Friday 5 July 2013

INQUIRER.net: US economy adds 195K jobs; unemployment 7.6 pct.

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INQUIRER.net
Philippine News for Filipinos
US economy adds 195K jobs; unemployment 7.6 pct.
Jul 6th 2013, 00:02

WASHINGTON— U.S. employers are sending a message of confidence in the economy — hiring more workers, raising pay and making the job market appear strong enough for the Federal Reserve to slow its bond purchases as early as September.   The economy gained a robust 195,000 jobs in June and many more in April and May than previously thought. The unemployment rate remained 7.6 percent in June because more people started looking for jobs — a healthy sign — and some didn't find them. The government doesn't count people as unemployed unless they're looking for work.   The Labor Department's report Friday pointed to a U.S. job market that's showing surprising re...

Keep on reading: US economy adds 195K jobs; unemployment 7.6 pct.

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