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Hiring rises but uncertainty makes some nervous
Aug 4th 2012, 01:57

CHRISTOPHER S. RUGABER AP Economics Writer= WASHINGTON (AP) — The U.S. economy added 163,000 jobs in July, the most in five months. That's welcome news to some company owners after a rough stretch of weak growth and diminishing consumer spending. But to others, it's just one good month in a year filled with uncertainty. Some company owners and executives say they are reluctant to add permanent employees without more assurances that growth will pick up. They worry about a recession in Europe and U.S. tax rates that are scheduled to rise early next year if Congress fails to reach an agreement on a major budget deal. Even those ready to hire are facing challenges. Some, mostly high-tech or...

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