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Work in the USA, 163 new jobs in July. However, the unemployment rate is higher than expected

The American economy has created 163 new jobs - The figure beats analysts' expectations of 100 new jobs - But the unemployment rate rises to 8,3% from 8,2% - The private sector is growing to 172.000 jobs, the public cuts workforce by 9

Work in the USA, 163 new jobs in July. However, the unemployment rate is higher than expected

In July, US unemployment rose to 8,3% from 8,2% in the previous month. The economy has created 163 jobs beating the expectations of analysts who expected 100 new units but at the same time also a confirmation of the 8,2% unemployment rate in June when 80 jobs were created.

In July, the private sector created 172.000 jobs while the public sector reduced its workforce by 9, including 2 at the federal level.

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