July Jobs Report: U.S. Added 528,000 New Jobs as Unemployment Rate Fell to 3.5%
8/5/22
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from The Wall Street Journal,
8/4/22:
Labor market hits two major recovery markers almost 2 1/2 years from the start of pandemic
The U.S. economy has now recouped the 22 million jobs lost early in the pandemic, adding 528,000 positions in July as employers clamored for workers despite a slowdown in economic growth.
The unemployment rate dropped to 3.5%, a half-century low also seen just before the pandemic in early 2020, the Labor Department said Friday.
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