Unemployment dips as U.S. employers add 162K jobs

Washington • U.S. employers added 162,000 jobs in July, the fewest since March. The gains were enough to lower the unemployment rate to a 4½ -year low of 7.4 percent, a good sign in an otherwise lackluster report. The Labor Department said Friday that unemployment fell from 7.6 percent in June as more Americans found jobs. Still, the economy created 26,000 fewer jobs in May and June than previously estimated. Americans worked fewer hours in July, and their pay dipped. The figures suggest weak ec...

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