A Little Less Bad: Unemployment 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.
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