July Payrolls Rise; Unemployment Rate Ticks Up to 8.3%

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Source: http://www.ttnews.com/articles/basetemplate.aspx?storyid=29885

U.S. payrolls jumped by 163,000 in July and trucking jobs rose by more than 3,000, the Labor Department said Friday.

The unemployment rate rose 0.1% from June to 8.3% as more people looked for work, and total private-sector jobs jumped by 172,000, topping economists’ forecasts, Bloomberg reported.

Economists’ had forecast an overall gain of 100,000 jobs and a private-sector increase of 110,000, Bloomberg said.

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