5 August 2005, 17:00   Hiring stepped up in the United States in July as 207,000 jobs

Hiring stepped up in the United States in July as 207,000 jobs were added to nonfarm payrolls, the Labor Department said Friday. The unemployment rate remained at 5%, the lowest in 47 months. Job growth was slightly stronger than the 183,000 expected. Payrolls in May and June were revised higher by a cumulative 42,000. Average hourly earnings rose by 6 cents, or 0.4%, to $16.13. It was the biggest gain in hourly earnings in a year. 2.7% in the past year, just ahead of the 2.5% inflation rate. The average workweek was steady at 33.7 hours in July, as expected. Service-producing jobs rose by 203,000, including 50,000 in retail, the most in more than five years. Factory jobs fell 4,000.

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