The unemployment rate in the United States increased to 8.3 percent in July even if 163,000 new jobs were created. Friday’s job report showed that payrolls have an upward trend for the past two years, with an average of around 150,000 new jobs per month. The pace is measly compared with the millions of jobs lost during the recession that started late 2007. Compared with the job recovery after the past two recessions, the job growth at present is just what the analysts have expected. It was lukewarm...