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The private sector added 71,000 jobs in july, substantially shy of the 90,000 analysts predicted and well below the 200,000 needed to chip away at the 9.5% unemployment rate. moreover, private sector hiring in june was revised downward from 83,000 to 31,000. in all, factoring steep government cut-backs the u.s. economy shed 131,000 jobs last month. for the president, there were some bright spots, but not enough. >> the fact is weve added private sector jobs every month this year, instead of losi...

90,000 analysts predicted and well below the 200,000 needed to chip away at the 9.5% unemployment rate. moreover, private sector hiring in june was revised downward from 83,000 to 31,000. in all, factoring steep government cut-backs the u.s. economy shed 131,000 jobs last month. for the president, there were some bright spots, but not enough. >> the fact is weve added private sector jobs every month this year, instead of losing them as we did for the first seven months of last year. meanwhile, o...