US adds 157,000 jobs in July, unemployment rate dips below 4 percent

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WASHINGTON — U.S. employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace they maintained in the first half of this year. The Labor Department says the unemployment rate ticked down to 3.9 percent from 4 percent. That’s near an 18-year low of 3.8 percent reached in May….

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