|Economy adds 209,000 new jobs|
|News - St Augustine Area & St Johns County|
WASHINGTON — U.S. employers extended their solid hiring into July by adding 209,000 jobs. It was the sixth straight month of job growth above 200,000, evidence that businesses are gradually shedding the caution that had marked the 5-year-old recovery.
July’s gain was less than in the previous three months, though, and probably wasn’t strong enough to suggest that the Federal Reserve will soon raise interest rates to curb inflation.
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