Private employers have added jobs for 28 straight months, proving the resilience of the U.S. economy despite ill-conceived efforts by conservatives in Congress to enforce austerity measures that would surely strangle economic growth. The share of the U.S. population with a job held steady in June as private-sector employers added 84,000 people to their payrolls. Government continued to shed workers, but the pace has slowed considerably, with only 4,000 losing their jobs in June.
The above excerpt was originally published in MarketWatch.
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