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Unemployment rate: 3.7%
Source: Jeff Cox, CNBC
Bureau of Labor Statistics
The unemployment rate in July remained unchanged at 3.7%.
Payrolls rose to 164,000 during the month, which is keeping with analysts’ predictions of 165,000.
The size of the labor force also jumped sharply as 370,000 new workers entered the labor force, which brought the labor force’s size to a record high of 163.4 million.
U.S. Unemployment Rates
| 2019 | 2018 | 2017 | |
|---|---|---|---|
| January | 4.0% | 4.1% | 4.8% |
| February | 3.8% | 4.1% | 4.7% |
| March | 3.8% | 4.1% | 4.5% |
| April | 3.6% | 3.9% | 4.4% |
| May | 3.6% | 3.8% | 4.3% |
| June | 3.7% | 4.0% | 4.4% |
| July | 3.7% | 3.9% | 4.3% |
| August | – | 3.9% | 4.4% |
| September | – | 3.7% | 3.7% |
| October | – | 3.7% | 4.1% |
| November | – | 3.7% | 4.1% |
| December | – | 3.9% | 4.1% |
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