US economy adds 162,000 jobs
The US economy added 162,000 jobs last month while the unemployment rate remained steady at 9.7 percent, the US Labor Department reported this morning, adding evidence that the recovery from the tailspin set off by the economic crisis is well under way.
US employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling three years after the recession ended.