Financial Markets: Jobless Rate

jobless rate: WASHINGTON - Employers slowed their pace of hiring in July but the jobless rate fell anyway, a pair of mixed signals that could make the Federal Reserve more cautious about drawing down its huge economic stimulus program, according to Reuters. The lackluster reading reinforced the view that the job market is only inching toward recovery from the 2007-09 recession and weighed on financial markets and By Jason Lange The number of jobs outside the farming sector increased by 162,000 last month, the smallest gain in four months and below analysts' expectations, Labor Department data showed on Friday. (www.immigrantscanada.com). As reported in the news.