U.S. Payrolls Increase, Jobless Rate Drops to 9.1%
Aug. 5 (Bloomberg) -- American employers added more jobs than forecast in July and wages climbed, easing concern the world’s largest economy is grinding to a halt.
Payrolls rose by 117,000 workers after a 46,000 increase in June that was larger than earlier estimated, the Labor Department said today in Washington. Peter Cook reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)