The latest jobs figures have been released — and the exciting news is that the U.S. economy added 209,000 jobs in July, less than the 298,000 new jobs created in June, but still a decent figure and significantly more than July last year when 149,000 jobs were added, or July 2012 when 160,000 were added.
As the American Enterprise Institute's James Pethokoukis points out, this was the first time since 1997 that the economy added 200,000 jobs for six straight months.
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