BREAKING NEWS: Economy added 255,000 jobs in July

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The economy added 255,000 jobs in July, the Labor Department reported Friday, down from 292,000 in June.

Unemployment was 4.9 percent, unchanged from June.

Analysts had predicted job growth of about 185,000, an unemployment rate of 4.8 percent and an increase in hourly earnings of 0.3 percent, according to a Bloomberg survey of economists.


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