US economy creates 209,000 jobs in July

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The US economy saw strong jobs growth in July, helped by a wave of hiring in the hospitality industry.

The Bureau of Labor Statistics reported that 209,000 jobs were created in July which was more than economists had been expecting.

The unemployment rate fell to 4.3%, the lowest level since 2001.

Employment in food services and drinking places rose 53,000 – that sector has now added 313,000 jobs so far this year.

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