Comment on Job growth steps up, but jobless rate rises to 8.3 percent

Job growth steps up, but jobless rate rises to 8.3 percent

Jobs

WASHINGTON (Reuters) - Employers in July hired the most workers in five months, but an increase in the jobless rate to 8.3 percent muddled the near-term outlook for monetary policy.

Senh: A case of good news, bad news. Overall, I think it's good news. Increase in jobs was higher than the increase in unemployment.

 

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