Most Active Stories
- Controversy Over Blackbeard's Queen Anne's Revenge Continues
- Deep Water Shipwreck Discovered Off North Carolina Coast
- The Front Bottoms, 'Laugh Till I Cry'
- Clinton Won't Go As Far As Rivals On Minimum Wage Or Rule Out Oil Pipelines
- Artifacts From Bertie County Site May Help Solve Centuries Old Mystery
Fri August 2, 2013
162,000 Jobs Added In July; Unemployment Drops To 7.4 Percent
Originally published on Fri August 2, 2013 11:08 am
RENEE MONTAGNE, HOST:
NPR's business news starts with the jobs report.
(SOUNDBITE OF MUSIC)
MONTAGNE: The Labor Department says the U.S. economy added 162,000 new jobs last month. That's lower than many economists expected. Still the unemployment rate dropped to 7.4 percent. Workers did have fewer hours on the job and hourly earnings fell in July, for the first time since last fall. Transcript provided by NPR, Copyright NPR.