RECOVERY CONTINUES: Employment Up 1.8 Million, Unemployment Falls To 10.2%

On Friday, the U.S. Bureau of Labor Statistics (BLS) reported that the economy took another step toward recovery, as the total nonfarm payroll employment rose by 1.8 million in July and the unemployment rate fell to 10.2 percent. “In July, notable job gains occurred in leisure and hospitality, government, retail trade, professional and business services,…

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