BusinessAugust 14, 2000
BUSINESS MEMO: STEADY RATES
The nation's unemployment rate held steady at 4 percent in July, near a three-decade low, as a revival in manufacturing helped soften the blow from a loss of 290,000 temporary Census jobs, the Labor Department reported. Private economists said the unemployment report should lessen the threat of a seventh Federal Reserve interest rate increase...
The nation's unemployment rate held steady at 4 percent in July, near a three-decade low, as a revival in manufacturing helped soften the blow from a loss of 290,000 temporary Census jobs, the Labor Department reported.
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Private economists said the unemployment report should lessen the threat of a seventh Federal Reserve interest rate increase.
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