Job Growth Slowed in July

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In July, total nonfarm payroll employment increased by 164,000, while the unemployment rate held at 3.7%. Residential construction employment increased by 7,400 in July, after an increase of 5,000 jobs in June. The total construction industry (both residential and nonresidential) employment was about 7.5 million in July. According to the Employment Situation Summary for July, released by the Bureau of… Read More ›

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