Economy Adds 209,000 Jobs

The unemployment rate ticked up slightly to 6.2 percent for the month of July, from 6.1 percent in June, though the U.S. economy added 209,000 jobs. The number of unemployed people stayed mostly the same at 9.7 million, as did the number of long-term unemployed, at 3.2 million. The number of jobs added came down from the 288,000 added in June. Economists had expected around 230,000 jobs and the unemployment rate to head down to 6 percent.