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A tale of 2 employment surveys, at a glance

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WASHINGTON (AP) — The U.S. economy added 162,000 jobs in June, the fewest since March. Yet the unemployment rate fell to 7.4 percent from 7.6 percent — the largest decline since February. Why did the unemployment rate drop so much after only modest job growth? Because the government does one survey to learn how many jobs were created and another to determine the unemployment rate. The two...

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