Los Angeles Times

Job growth remains solid, but workers are still waiting for a real jump in wages

WASHINGTON - The U.S. labor market remained in solid shape last month, adding 157,000 jobs while the unemployment rate ticked down to 3.9 percent and wage growth improved - although workers are still waiting for significant gains in their purchasing power because prices are also rising.

The July job creation report issued Friday by the Labor Department fell well short of analyst expectations, but figures for May and June were revised

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