U.S. employers adding 163,000 jobs in July was a hopeful sign for many, including investors. Stocks rose on Wall Street even though the figure wasn’t enough to drive down the job­less rate.

The U.S. Labor Market reported that the unem­ploy­ment rate rose to 8.3 per­cent from 8.2 per­cent in June.

But Barry Blue­stone, Director of the Dukakis Center for Urban and Regional Policy at North­eastern Uni­ver­sity said the latest report is a good sign for the U.S. and for Massachusetts.

Read the article at WGBH →