WASHINGTON - Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly the rest of the year. The unemployment rate was unchanged at 9.5 percent. Private employers added a net total of only 71,000 jobs in July, far below the roughly 200,000 needed each month to reduce the unemployment rate. Overall, the economy lost a net total of 131,000 jobs last month, the Labor Department said Friday, mostly because 143,000...
Full Story: Houston Chronicle
