Economy adds 163,000 jobs; unemployment rate ticks up to 8.3 percent
WASHINGTON (MCT) — The U.S. economy broke out of its hiring slump in July as employers nationwide added 163,000 new jobs over the month — the most since February, the Labor Department reported Friday.
But the nation’s jobless rate edged up to 8.3 percent last month, from 8.2 percent in the prior two months. The number of unemployed workers rose slightly in July, to 12.8 million.
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