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U.S. economy adds 195,000 jobs, unemployment rate holds steady

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WASHINGTONU.S. employers added a robust 195,000 jobs in June and many more in April and May than previously thought. The job growth suggests a stronger economy and makes it more likely the Federal Reserve will slow its bond purchases before year’s end.

The unemployment rate remained 7.6 percent. That was because more people started looking for work in June — a healthy sign. People without a job aren’t counted as unemployed unless they’re looking for one.