Friday, August 3, 2007

July job growth slowest since February

(Reuters) - The Labor Department also revised down its estimates for job creation in each of the two prior months by a total of 8,000 - to 126,000 in June from a previously reported 132,000 and to 188,000 in May instead of 190,000.




July's new-job total was the smallest for any month since February, when 90,000 were added. The consensus forecast of economists in a week-old Reuters poll was for 130,000 new jobs in July.


Read more at Reuters.com Business News

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