The economy has problems, but the labor market isn’t one of them: U.S. likely added 171,000 jobs in July
August 01, 2019 at 14:25 PM EDT
The economy might be more fragile now than it was last year, but it’s hard to tell by looking at the muscular U.S. labor market. The U.S. likely added 171,000 new jobs in July, returning the unemployment rate to a 50-year low of 3.6%.