The US unemployment rate fell to 7.4% in July to mark the lowest level since December 2008, but the economy only gained a modest 162,000 jobs last month. Analysts had expected the US to add 180,000 net jobs on a seasonally adjusted basis. More evidence of a slowdown was the number of new jobs created in June and May were also revised down by a combined 26,000, the government reported, which earlier this week, said the US economy rose just 1.7% in the April-to-June period. Despite the slowdown,...