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U.S. adds 164,000 new jobs in July to keep unemployment near 50-year low of 3.7%

The economy created a steady 164,000 new jobs in July, underscoring the strength of a robust U.S. labor market that’s show little sign of deterioration even as the economy faces stiffer challenges than it did a year ago. The unemployment rate was unchanged at 3.7% and remained near a 50-year low.
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