U.S. Economy Added 157,000 Jobs In July; Unemployment Dips To 3.9 Percent

“The economy continued to add jobs at a steady pace last month and the unemployment rate remained low. Analysts have been looking for signs that wage growth might pick up, but it held steady too. Payrolls grew by a lower-than-expected 157,000 in July and the unemployment rate edged down to 3.9 percent, as projected, the Labor Department said Friday.”