Tuesday, August 5, 2014
Steady U.S. Job Growth Stretches Into Sixth Consecutive Month
Revisions added an extra 15,000 jobs to the prior two months, including 10,000 to June’s already sizable 288,000 gain. It’s the first time since February that the unemployment rate has risen, but the change is well within the margin of error. The report showed that more people are starting to enter the labor force and look for work—a good sign, although one that ends up pushing up the unemployment rate.
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Source: Matthew Philips (www.businessweek.com)
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