Monthly Jobs Report Reveals Slight Uptick in Unemployment
The U.S. Department of Labor released its monthly job report this morning and although the unemployment rate increased to 7.3 percent, the good news is that employers have added 204,000 jobs.
This number of job addition was significantly higher than original estimates.
According to ABC News, economists surveyed prior to the report anticipated 120,000 added jobs and an unemployment rate of 7.3 percent.
As for the biggest increases in labor, experts point to the leisure and hospitality world to the tune of 53,000 new jobs.
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