US economy creates 163,000 jobs, shielding Obama
- Published: 3 Aug 2012 at 19.48
- Online news: World
The US economy created a solid 163,000 jobs in July, official data showed Friday, helping President Barack Obama dull Republican attacks despite a slight uptick in the jobless rate.
U.S. President Barack Obama speaks about tax legislation facing Congress at the Eisenhower Executive Office Building in Washington, DC. The US economy created a solid 163,000 jobs in July, official data showed Friday, helping President Barack Obama dull Republican attacks despite a slight uptick in the jobless rate.
The Labor Department said unemployment rose 0.1 points to 8.3 percent, in a monthly report that was nevertheless heralded as evidence that the world's largest economy is still on track.
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