File - Driver Jose Viveros delivers beverages in the Little Tokyo district of Los Angeles, Thursday, July 27, 2023. On Friday, the U.S. government issues the July jobs report. The labor market has added jobs at a steady clip in the past year, despite efforts by the Federal Reserve to cool the economy. (AP Photo/Damian Dovarganes, File)
August 6, 2023
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August 6, 2023 midnight
Fewer Americans got jobs in July than expected. But a steady market suggests US may avoid recession
U.S. employers added 187,000 jobs last month, fewer than expected. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient.