Payrolls Probably Grew in July, Helping Trim U.S. Jobless Rate

Employers probably added about as many workers in July as the prior month, helping trim the U.S. unemployment rate and showing the expansion will strengthen in the second half of 2013, economists said before a report today.

Payrolls rose by 185,000 workers after a 195,000 gain in June, according to the median forecast of 92 economists in a Bloomberg survey. The jobless rate fell to 7.5 percent, matching a four-year low, from 7.6 percent. Other data may show personal spending climbed in June by the most in four months.