The U.S. economy added 209,000 jobs in July exceeding expectations and forecasts by over 25,000. The measured unemployment rate dropped to 4.3%. The number of employed Americans hit 153.5 million, the highest since February 2009. Year-over-year measures of wage rates remained at 2.5%; however, additional private sector jobs analysis shows wage rate growth substantially higher than fed measures.

Media economists say: “It’s difficult to find anything really negative in the report.” But they sure are trying…
(Via CNBC) The U.S. economy continued a strong summer, adding 209,000 jobs in July while the unemployment rate fell to 4.3 percent, the lowest since March 2001, according to a government report Friday.




