To the Point
July Jobs Report May Signal a New Direction
Some 247,000 Americans lost their jobs last month, but that's better than had been expected, and the unemployment rate actually declined by one tenth of a point, down to 9.4 percent. President Obama says, " The worst is behind us ." Brian Blackstone is economics correspondent for Dow Jones .
Some 247,000 Americans lost their jobs last month, but that's better than had been expected, and the unemployment rate actually declined by one tenth of a point, down to 9.4 percent. President Obama says, "The worst is behind us." Brian Blackstone is economics correspondent for Dow Jones.