Friday, August 04, 2006


Forgot to make my bet, but I was going to go with the under. Again.

NEW YORK ( -- Job growth came in weak for the fourth straight month in July while the unemployment rate jumped, a government report released Friday showed.

The U.S. economy added 113,000 jobs in July, down from an upwardly revised gain of 124,000 jobs in June, the Labor Department said. Economists surveyed by were looking for a gain of 145,000 jobs.

The unemployment rate rose to 4.8 percent, up from 4.6 percent in June, the report also showed. Economists were expecting the unemployment rate to hold steady.