U.S. Economy Adds 209,000 Jobs In July, Unemployment Drops To 4.3 Percent

Employers added 209,000 jobs to payrolls last month, according to the government's jobs report released Friday morning. 209,000 New Jobs In July As Unemployment Dips To 4.3 Percent

Employers added 209,000 jobs to payrolls in July and the unemployment rate ticked down to 4.3 percent. The closely watched wage number was unchanged from previous months, with average hourly earnings up 2.5 percent.
The U.S. economy added over 200,000 jobs last month, dropping the country's unemployment rate to match a previous 16-year low at 4.3%. Wage growth remained below the Federal Reserve Board's target of 3.5%.