U.S. Creates More Jobs Than Expected - Presented by: The Aol. On Network

The U.S. economy pumped out a lot more jobs than expected in June - some 195,000. And the government upwardly revised April and May's jobs figures by 70,000. The upward trend in jobs makes it more likely the Federal Reserve will begin scaling back its huge bond purchases in September. The jobless rate held steady at 7.6 - but for a positive reason: more people joined the labor force in the search for jobs - a sign of confidence in the jobs market.



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