July jobs report: Unemployment down to 7.4 percent

135 views · Published 2 August 2013 · 2:19 · Indexed 1 October 2026

Channel: CBS News · 2013 · News & Politics

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The Labor Department released the July jobs report and though only 162,000 jobs were added, it did bring unemployment down to 7.4 percent - the lowest rate since December, 2008. CBS News financial analyst Jill Schlesinger talks to the "CBS This Morning" co-hosts about what the numbers mean for you.

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