Aug. 1 (UPI) -- Jobs growth was slower than expected in July, and the unemployment rate rose, showing signs of trouble for the labor market.
Nonfarm payroll for July was up by 73,000, which is higher than June at 14,000. But the Dow Jones estimate for gain was 100,000.
The totals for May and June were revised significantly, down by 258,000 from what was announced. May was revised from 144,000 jobs added to 19,000 jobs added. June's revision went from 147,000 jobs added to 14,000, according to the Bureau of Labor Statistics Employment Situation Summary. Revisions come from additional reports from businesses and government agencies since the last published numbers and seasonal factors.
Unemployment raised to 4.2%, which was predicted.
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