Payroll Boom: The Economy Added 255,000 Jobs in July
Paul Davidson, USA TODAY
US News • August 2016 • Views: 1,193
The labor market turned in a strong showing for the second straight month in July as employers added 255,000 jobs, pointedly easing concerns stoked by a spring slump.
The unemployment rate was unchanged at 4.9%, the Labor Department said Friday.
Economists surveyed by Bloomberg had forecast 180,000 job gains.
Businesses added 217,000 jobs, led by professional and business services, health care and finance. Federal, state and local governments added 38,000.