The U.S. added 187,000 jobs in July, less than economists expected, as the unemployment rate fell to 3.5%, according to Bureau of Labor Statistics (BLS) data released Friday.
Economists had anticipated the country would add 200,000 jobs in July compared to 209,000 jobs in June and that unemployment would remain the same at 3.6%, according to Reuters. The U.S. economy grew 2.4% for the year in the second quarter of 2023, outdoing expectations of 2%.
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