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US Private Sector Adds Jobs, Unemployment Stays at 9.5 Percent

   VOA News 06 August 2010
   A  list  of job openings is seen on the wall at the Vermont Department
   of Labor Resource center in Barre, Vermont, 05 Aug 2010

Photo: AP

   A  list  of job openings is seen on the wall at the Vermont Department
   of Labor Resource center in Barre, Vermont, 05 Aug 2010

   U.S.  private employers added 71,000 jobs in July, indicating the U.S.
   labor  market  and  the  economy  at  large  are  slow to recover from
   recession.
   A  report Friday from the Labor Department shows the unemployment rate
   stayed unchanged at 9.5 percent.
   Economists  closely watch the private payrolls figure, because private
   companies  do the bulk of hiring in the United States.  Employment is
   also a big indicator of consumer spending, as those who are unemployed
   or worried about job stability tend to spend less.
   The  country  lost  jobs overall in July, due in large part to cuts at
   the  U.S.  Census  Bureau.  The  government  agency  cut about 144,000
   temporary  employees  who  were  hired  for only a couple of months to
   conduct the once-a-decade population count.

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