• D. Brit

US Jobs Report - 943,000 Jobs Added in July Beating Expectations


What Happened:

  • According to the Labor Department, the US economy added 943,000 jobs in July, higher than the 860,000 jobs economists projected.

  • Unemployment dropped down to 5.4% in July, giving another positive sign that the economy is in recovery.

  • Despite the positive trends, economists are concerned with the threat of the highly contagious Delta variant of the Coronavirus and how that may affect the economy.


Photo Credit: Gerd Altmann


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