Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 779 Sat. August 05, 2006  
   
Business


US economy adds 113,000 new jobs


US employers created a weaker-than-expected 113,000 new jobs in July, the government said Friday in its closely watched "non-farm payrolls" report.

The Labor Department revised the June figure up to 124,000, and said the unemployment rate ticked up 4.8 percent last month from 4.6 percent in June.

Wall Street economists had expected the July report to show a much bigger rise in job creation of 145,000.