US unemployment remains at 5.3 percent

Posted at 8:41 AM, Aug 07, 2015

The U.S. unemployment rate remained at 5.3 percent, according to the U.S. Bureau of Labor Statistics report Friday morning.

In July, U.S. employers added 215,000 nonfarm payroll jobs with jobs growing in retail trade, health care, professional and technical services as well as financial activity, according to the report.

Wall Street estimates according to Business Insider expected nonfarm payrolls to grow 225,000 with the unemployment rate remaining at 5.3 percent.

The number of unemployed people remained at 8.3 million, according to the Bureau of Labor Statistics, and the long-term unemployed were 2.2 million.

According to the report, the civilian labor force participation rate remained at 62.6 percent. 

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