“I think it’s encouraging,” economist Mark Zandi of Moody’s Analytics told CNBC reporters shortly after the Labor Department issued the report.
Jobs in the private sector grew by 107,000 in July, rather than the initial estimate of 71,000, according to the revised figures.
But still, there was more bad news than good for the millions of unemployed Americans.
- August Job Numbers Show Economy Still in a Funk, PBS.org, September 3, 2010.
About the author:
Zhang Xin is Trainer at chinadaily.com.cn. He has been with China Daily since 1988, when he graduated from Beijing Foreign Studies University. Write him at: zhangxin@chinadaily.com.cn, or raise a question for potential use in a future column.
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