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Economy Added 162K Jobs In July; Unemployment Ticked Down to 7.4%

by Tom Kludt

08.02.13 | 4:33 am

The U.S. Bureau of Labor Statistics reported Friday that the total nonfarm payroll employment increased by 162,000 last month, while the unemployment rate edged down to 7.4 percent.

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Tom Kludt Tom Kludt is a reporter for Talking Points Memo based in New York City, covering media and national affairs. Originally from South Dakota, Tom joined TPM as an intern in late-2011 and became a staff member during the 2012 election. He can be reached at tom@talkingpointsmemo.com.