U.S. Economy Adds 163,000 Jobs in July

, Posted: Fri, August 3 2012 at 8:06 AM, Updated: Fri, August 3 2012 at 8:13 AM

We're following the latest from Capitol Hill, as the July jobs report has just been released.

The U.S. economy added 163,000 jobs last month, that number is far more than analysts expected.

However this morning, the unemployment did rise to 8.3 percent, this as households claim they lost 195,000 jobs.

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