US employers added 943,000 jobs in July, signaling a strong labor market

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The US economy added 943,000 jobs in July and the unemployment rate fell to 5.4%, the Bureau of Labor Statistics reports. It was the biggest job gain since August last year.

It was the biggest job gain since August last year, when more than 1 million positions were added back, and more than the 870,000 economists had expected.The June jobs gains was revised up as well, to 938,000 positions added, showing the recovery's strong pace over the summer."I have yet to find a blemish in this jobs report," wrote Harvard economist Jason Furman on Twitter .Since May 2020, America has added back 16.7 million jobs. But it's still 5.

Both measures are still below their February 2020 level."The stagnant participation rate confirms that there are millions of potential workers who are still outside the labor force, not currently looking for work and therefore not counted among the unemployed," said Cailin Birch, global economist at The Economist Intelligence Unit.

 

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So, shutting down businesses then allowing them to reopen is Job creation?

🤣🤣🤣🤣 FakeNews as usual🤣🤣🤣🤣 probably around the world 🤣🤣🤣

Remember when Trump had it under 4%. Remember when Biden ran on equality and under his leadership we have the biggest financial gap of all time. Maybe Trumps policies weren't so bad?

U forgot over 600,000 people died 😢

Thanks for numbers ! how many of short and poor contrat ? The écologic jobs Can offert much industrie of transition and millions for independance energetic Think about this, earth work everyday ?!?

0 to 60 nothing here yet ….🆘🇺🇸

RTErdogan freeFredLumbuye

Quit having John Bolton on. He ignored known threats to our democracy so he could personally profit later on. Do not normalize traitors.

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