Another ‘Unexpected’ Jobs Report

The economy added 162,000 jobs in July, according to government data released this morning, helping to bring the unemployment rate down but still short of what analysts had expected.

The Labor Department reported robust hiring in industries such as retail, trade and professional services. But key sectors, including manufacturing and construction, were essentially unchanged. The jobless rate fell to 7.4 percent, although part of the decline was due to workers dropping out of the labor force.

The data also showed hiring in previous months was not as strong as first reported. Estimates for May and June were revised down by a total of 26,000 jobs.

“Overall this is not a strong labor report,” said Alan MacEachin, an economist at Navy Federal Credit Union. The data is “consistent with a sluggish, lackluster economy.”

The Labor Department also said the average workweek dipped slightly to 34.4 hours. Average hourly earnings fell by 2 cents in July to $23.98 after a 10-cent jump in June. . .

Most Popular


Courage: The Greatest of Virtues

EDITOR’S NOTE: The following is Jonah Goldberg’s weekly “news”letter, the G-File. Subscribe here to get the G-File delivered to your inbox on Fridays. Dear Reader (Or Listener), As the reporter assigned the job of writing the article about all of Sidney Blumenthal’s friends and supporters told his ... Read More

My American Dream

This morning, at 8 a.m., I did something I’ve wanted to do for as long as I can remember: I became an American. I first applied for a visa in early 2011, and since then I have slowly worked my way through the system — first as a visa-holder, then as a permanent resident (green card), and, finally, as a ... Read More

The Gun-Control Debate Could Break America

Last night, the nation witnessed what looked a lot like an extended version of the famous “two minutes hate” from George Orwell’s novel 1984. During a CNN town hall on gun control, a furious crowd of Americans jeered at two conservatives, Marco Rubio and Dana Loesch, who stood in defense of the Second ... Read More