Unemployment rate drops to 7.4% in July

Now watching

Next video starts in : 7 Play

Unemployment rate drops to 7.4% in July

Unemployment rate drops to 7.4% in July
Replay video
Up next

How this woman tracked down her identity thief

Unlock your personal NFL Now stream by signing in to NFL.com

Unemployment rate drops to 7.4% in July

by CBSTV Videos 1:32 mins

The July jobs report shows the unemployment rate dropping to a 4-year low of 7.4%. The U.S. economy added 162,000 jobs, the lowest number since March. But factories are reporting a record high number of orders, an indication that things are looking up for manufacturing. Alexis Christoforous reports.

View Comments (0)