Payroll boom: The economy added 255,000 jobs in July

August 5, 2016 12:47 PM

12 0

The labor market turned in a strong showing for the second straight month in July as employers added 255,000 jobs, pointedly easing concerns stoked by a spring slump.

The unemployment rate was unchanged at 4.9%, the Labor Department said Friday, as a sharp rise In employment was offset by a similar-size increase in the ranks of those both working and looking for jobs..

Also read: Joe Giudice Celebrates Wedding Anniversary With Teresa From Behind Bars

Read more

To category page