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former Federal Reserve economist Claudia SahmNBC News
•86% Informative
The U.S. unemployment rate rose to 4.3% in July , adding to other signs of a slowdown in the economy.
Economists were expecting the unemployment rate to have been unchanged from June 's 4.1% reading.
The unemployment rate has now climbed for four-straight months and surpassed its low of the past year by more than half a percentage point.
The Federal Reserve is largely in control of the economy, economists say.
Things could always get a lot worse, but if you’re hoping for things to turn around, I don’t think the prospect of a big rapid rebound is feasible. It's going to be gradual and going to take time.".
VR Score
91
Informative language
92
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61
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English
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