Friday, August 01, 2003


Jobless rate drops, largely because of discouraged people leaving job market

(08-01) 12:21 PDT WASHINGTON (AP) --

The nation's unemployment rate dipped to 6.2 percent in July, but businesses cut jobs for a sixth month in a row, still wary despite signs the economy is on the mend. With jobs scarce, close to half a million people gave up looking. ...