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National job growth continues, but at slower pace

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“American employers added nearly 1.8 million jobs in July while the unemployment rate declined to 10.2 percent, restoring another chunk of the jobs lost during the pandemic but at a slower pace than in recent months. The 1.76 million positions added are more than three times the gains as any pre-pandemic month since 2000, but the boost also lags behind the 2.7 million jobs added in May and the 4.8 million added in June, according to federal data published Friday.”

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