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The Labor Department released unemployment numbers which may indicate the beginning of a turnaround for the U.S. economy. The Wall Street Journal’s economics reporter Kelly Evans joins The Takeaway to talk us through the numbers.
The Labor Department released unemployment numbers this morning and the numbers may indicate the beginning of a turnaround for the U.S. economy. Employers cut back on layoffs in July, trimming 247,000 jobs; that’s a substantial number, but it’s the smallest monthly job loss in a year. Additionally, the overall unemployment rate dipped from 9.5 to 9.4 percent. The Wall Street Journal’s economics reporter Kelly Evans joins The Takeaway to talk us through the numbers.