U.S. Job Gains Continued In July, But At A Slower Pace; BLS Revises 2018 Jobs Growth Downward

The U.S. economy added 164,000 new non-farm payroll jobs in July, according to the latest employment report from the Bureau of Labor Statistics, released Aug. 2. The number beat economists’ expectations, but signaled a definite slowing in the pace of new job creation, which has been anticipated. The BLS revised downwards previously reported job gains…