U.S. Payrolls Rise 163,000; Unemployment 8.3%

Aug. 3 (Bloomberg) -- Payrolls in the U.S. increased 163,000 in July, more than forecast, boosted by a pickup in employment at automakers even as the jobless rate unexpectedly rose to a five-month high of 8.3 percent. Payrolls climbed following a revised 64,000 rise in June that was less than initially reported, Labor Department figures showed today. Peter Cook and Michael McKee report on Bloomberg Television's "In the Loop."

Bloomberg Brief Weekly Video 11/25
04:34 - Taylor Riggs, a contributor to Bloomberg Briefs, talks with reporter Joe Mysak about this week's municipal market news. (Source: Bloomberg)
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