The economy preferred 247,000 jobs in July, less than expected and lowest total of losses since last August. Unemployment rate inches down to 9.4% The long battered U.S. job market showed some signs of improvement in July as employers cut far fewer jobs from payrolls and the unemployment rate fell for the first time in more than a year, according t...

The U.S. unemployment rate decrease in July for the first time in 15 months as employers cut far fewer jobs than expected, giving the clearest mark yet that the economy was turning around from a deep decline of economy. U.S. employers radiated 247,000 jobs in July, the Labour Department said on Friday, the least in any month since last August, taki...