Jobs show surprising growth
Job seekers got some surprisingly good news from July's numbers.
August 5th, 2011
08:45 AM ET

Jobs show surprising growth

The U.S. job market strengthened in July, a welcome piece of good news that sharply contrasted with Thursday's sell-off on Wall Street and readings pointing toward an economic slowdown.

Employers added 117,000 jobs last month, well above the 46,000 jobs added in June, the government reported Friday. After a shockingly weak jobs number the previous month and a spate of other negative economic readings that followed, many economists had been bracing for the worst from Friday's report.

Trading in U.S. stock futures, which point to the direction stocks will take when regular trading begins at 9:30 a.m., surged after the report was released.

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Filed under: Economy • Jobs
soundoff (54 Responses)
  1. Gunadoo

    Fuzzy Math?

    August 5, 2011 at 8:51 am | Report abuse |
  2. gung hoe

    Well that dont make any sense they also reported possibility of a double dip recession I know the libbies wiill be blaming the tea baggers or the republicans How about looking at the press

    August 5, 2011 at 8:59 am | Report abuse |
    • Athiesttoo

      Amen! The only thing I'm investing in is non perishable food items and bottled water. You can't eat gold.

      August 5, 2011 at 9:12 am | Report abuse |
  3. Tony the prophet

    Wrong there is no growth…. since the information is monitored censored and released by our government the public is kept amid of the truth in order to save the state from collapsing... the unavoidable world economy is bound to collapse and anarchism will take root soon. Scholars are scrutinizing how to save this phenomenon from happening….good luck!!!

    August 5, 2011 at 9:00 am | Report abuse |
  4. Athiesttoo

    Beware of the lying numbers game. Remember the "revised down" GDP? The administration is so desperate for any hint of good news that will stop the stock market slide that making the job numbers look better than expected would not be a stretch because they can always "correct" them later. I don't believe anything Congress or this Administration have to say anymore.

    August 5, 2011 at 9:04 am | Report abuse |
  5. funky bunch

    Unemployment down from 9.2 to 9.1 today. Let the good times roll!

    August 5, 2011 at 9:10 am | Report abuse |
  6. Dumper thumper

    I will toss ur salad for 20 bucks and a pack of lucky strikes.

    August 5, 2011 at 9:16 am | Report abuse |
  7. joel weinberg

    no thanks

    August 5, 2011 at 9:23 am | Report abuse |
  8. H Allen Johnson

    A .1% increase!!!!! Time to pop the champagne!!!! Recession is over!!!!

    August 5, 2011 at 9:33 am | Report abuse |
  9. Muddy condom

    I met this girl once who had a surprising growth in her panties. I was humiliated but it felt so good.

    August 5, 2011 at 9:47 am | Report abuse |
  10. chillipepper

    CNN doing damage control for Obama. But you really have to be a zealot to believe that is something.

    August 5, 2011 at 10:09 am | Report abuse |
  11. Concerned

    What is the true unemployment rate? We always here how it goes down, is this the true picture, or is the rate goes down because of individuals lose their benifits and are no longer counted? Think it would be a good investigate story, or is the U.S. congress to afraid to report the true facts.

    August 5, 2011 at 11:04 am | Report abuse |
    • tko

      My friend u have hit the nail on the head... If your unemployment how you say ran out. Then your not counted anymore that's why they say the numbers are down for the unemployed.

      August 5, 2011 at 11:33 am | Report abuse |

    jobs at pizza hut and mcdonalds arent going to help us out...

    August 5, 2011 at 11:04 am | Report abuse |
  13. law pac

    Numbers game we the people will never be told the truth. It is too easy to lie to us.

    August 5, 2011 at 11:31 am | Report abuse |
  14. Indoubt

    These numbers were published so that our elected officials can enjoy their expensive vacations and can rest after all they have achieved

    August 5, 2011 at 11:34 am | Report abuse |
  15. Dizzyd

    Both parties are to blame, not just Dems. That said – I'll believe things are better when I'M working. : )

    August 5, 2011 at 11:41 am | Report abuse |
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