NPR logo

Jobless Rate Drops in July

  • Download
  • <iframe src="https://www.npr.org/player/embed/1382916/1382917" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Jobless Rate Drops in July

Business

Jobless Rate Drops in July

Jobless Rate Drops in July

  • Download
  • <iframe src="https://www.npr.org/player/embed/1382916/1382917" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The U.S. unemployment rate falls to 6.2 percent in July, but U.S. companies cut more jobs from their payrolls, especially in the manufacturing sector, the Labor Department reports. The data suggests that the labor market remains weak despite growing evidence of an economic rebound. NPR's Jim Zarroli reports.