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U.S. Added 157,000 Jobs in July; Unemployment Rate Slips to 3.9%

By Nelson D. Schwartz
The New York Times

Aug. 3, 2018

 

The Labor Department on Friday released its hiring and unemployment figures for July, providing a fresh snapshot of the American economy.

The Numbers

■ 157,000 jobs were added last month. Economists had expected a gain of about 190,000.

■ The unemployment rate fell to 3.9 percent, from 4 percent.

■ Average hourly earnings rose by 7 cents to $27.05. The year-over-year gain is now 2.7 percent.

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