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(WSJ) Job Growth Stays Steady, but Signs of Slack Persist

Posted on August 7, 2015 by Kendall Harmon

U.S. employers are adding jobs at a steady clip though the labor market is showing little sign of overheating, factors likely to reassure Federal Reserve officials as they weigh their first interest-rate increase since 2006.

Nonfarm payrolls rose a seasonally adjusted 215,000 in July, the Labor Department said Friday. Revisions showed employers added 6,000 more jobs in May and 8,000 more in June than previously estimated.

The unemployment rate, which is obtained from a separate survey of U.S. households, held steady at 5.3% in July.

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Posted in * Economics, Politics, * International News & Commentary, America/U.S.A., Anthropology, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Theology