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Jobless Rate Drops in July

The U.S. unemployment rate falls to 6.2 percent in July, but U.S. companies cut more jobs from their payrolls, especially in the manufacturing sector, the Labor Department reports. The data suggests that the labor market remains weak despite growing evidence of an economic rebound. NPR's Jim Zarroli reports.

Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.
Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.