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ru24.net
World News in Dutch
Август
2016

US adds a robust 255K jobs; unemployment stays 4.9 pct.

WASHINGTON (AP) — Employers added a healthy 255,000 jobs last month, a sign of confidence amid sluggish growth that points to a resilient U.S. economy.

July's robust job gain may be enough to reassure investors — and perhaps Federal Reserve policymakers — that the economy will keep growing at a slow but steady pace.

A top adviser to Donald Trump said last week that the annual economic growth rate of just 1.2 percent in the April-June quarter was "catastrophic."

Hillary Clinton has tended to credit the Obama administration for rescuing the economy from the Great Recession but has also said "none of us can be satisfied with the status quo."

Services companies, which range from retailers to banks to shipping firms, expanded at a healthy pace in July, according to a survey by the Institute for Supply Management, a trade group.




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