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."

Most Recent Videos

Bareburger CEO Responds to Shake Shack IPO
47:44 - Jan. 30 -- Bareburger CEO Euripides Pelekanos discusses how he will expand the Bareburger brand with Bloomberg's Pimm Fox on "Taking Stock."
  • How Apple Conquered China Market: Bloomberg West (01/30)
  • Should Amazon Spin Off Its Growing Cloud Business?
  • TripAdvisor's Top Pick: Chicago's Langham Hotel