U.S. Posts Another Strong Month of Job Gains

Updated on
  • Jobless rate holds at 4.9% as more people join workforce
  • Wages climb 0.3%, more than projected and most since April

U.S. Adds 255,000 Jobs in July, Jobless Rate at 4.9%

Employment jumped in July for a second month and wages climbed, pointing to renewed vigor in the U.S. labor market that will sustain consumer spending into the second half of the year.

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