News

Employers add 162K jobs, unemployment rate falls

Employers add 162K jobs, unemployment rate falls

U.S. employers added 162,000 jobs in July, the fewest since March. Photo: Associated Press

WASHINGTON (AP) — U.S. employers added 162,000 jobs in July, the fewest since March. But the gains were enough to lower the unemployment rate to a 4 ½ -year low of 7.4 percent.

The Labor Department says the rate fell from 7.6 percent in June. But that was one of the few good signs in an otherwise lackluster report.

Fewer jobs were added in the previous two months than earlier estimated. Americans worked fewer hours and their pay dipped. The figures suggest weak economic growth may be making businesses cautious about hiring.

The Federal Reserve will pay particularly close attention to the figures as it decides whether to scale back its $85 billion monthly bond purchases later this year.

Recent Headlines

in Local Sports

Viking men place fourth, women sixth at West Regional Championships

Fresh
wwu western washington university congrats vikes vikings from kpug

Katelyn Steen takes women's title, both squads qualify for nationals

in Sports

Oklahoma’s Perine runs for record 427 yards & Top 25 scoreboard

Updated
football genric image

Oklahoma freshman Samaje Perine set a major college record by running for 427 yards in a driving rainstorm, scoring five touchdowns and leading the No. 23 Sooners over Kansas 44-7 Saturday.

in Local Sports

Kelly leads No. 13 Sun Devils past WSU

Arizona State Sun Devil mascot.  Associated Press

Taylor Kelly passed for four touchdowns and No. 13 Arizona State converted all five Washington State turnovers into touchdowns to beat the Cougars 52-31 on Saturday.

in Local Sports

Prep Football State Playoff Scoreboard

Updated
high school football scoreboard dl

All the scores from the prep football playoff action.

in Entertainment

This weekend in entertainment history

elvis

A look at the Hollywood headlines that went down in history.