Mexican Media Brands
American Jobless Rate Rises to 8.3%
U.S. employers added 163,000 jobs in July, the biggest one-month gain since February, according to the Dept. of Labor.
#labor
Share
U.S. employers added 163,000 jobs in July, the biggest one-month gain since February, according to the Dept. of Labor.
But the unemployment rate, which is calculated using a separate survey, edged up to 8.3% from 8.2% in June.
Private employers add 172,000 jobs, including 25,000 in the manufacturing sector. But those gains were partially offset by a 9,000-job drop in government employment.
The persistently weak jobs market is dampening economic growth and making consumers wary of buying big-ticket items such as autos, analysts say.
RELATED CONTENT
-
Skilled-Trade Workers Reject GM Contract, Ratification in Limbo
The United Auto Workers union says its production workers ratified a new four-year labor contract with General Motors Co. by a 58% margin.
-
Denmark, 10 Other EU Members Urge Piston Ban
Denmark and 10 other member nations of the European Union have urged the region to allow them to end gasoline and diesel engine sales by 2030.
-
GM Unit Stresses Driver Training in Autonomous Cars
General Motors Co.’s Cruise Automation unit says it puts backup drivers and auditors through extensive training before allowing them to participate in real-world autonomous vehicle tests.