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U.S. job growth beats expectations; unemployment rate fall 3.5%

Summary by Ground News

Hiring in July was far better than expected, defying signs that the economic recovery is losing steam, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls rose 528,000 for the month and the unemployment rate was 3.5%, easily topping the Dow Jones estimates of 258,000 and 3.6% respectively.

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Mainichi Shimbun

US adds whopping 528,000 jobs in July despite recession fears - The Mainichi

WASHINGTON (Kyodo) -- The U.S. economy created a larger-than-expected 528,000 nonfarm jobs in July, while the unemployment rate edged down by 0.1 perc

3 years ago·Chiyoda, Japan

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Daily Hampshire Gazette

‘What recession?’: US employers add 528,000 jobs in July

3 years ago·Northampton, United States

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abc News

US economy adds 528,000 jobs, far outpacing expectations

The US economy added 528,000 jobs, far outpacing expectations and easing recession fears. Unemployment fell to 3.5%.

3 years ago·United States

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Times Leader

US employers add 528,000 jobs in July

WASHINGTON — U.S. employers added an astonishing 528,000 jobs last month despite flashing warning signs of an economic downturn, easing fears of a recession and handing President Joe Biden some good news heading into the midterm elections.Unemployment dropped another notch, from 3.6% to 3.5%, matching the more than 50-year low reached just before the pandemic took hold.The economy has now recovered all 22 million jobs lost in March and April 202…

3 years ago·United States

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Hindustan Times

US employers add 528,000 jobs in July despite recession fears

The economy has now recovered all 22 million jobs lost in March and April 2020 when COVID-19 slammed the US.

3 years ago·New Delhi, India

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Fox8

US employers added 528,000 jobs in July amid recession fears

WASHINGTON (AP) — U.S. employers added 528,000 jobs last month despite flashing warning signs of an economic downturn, easing fears of a recession and handing President Joe Biden some good news heading into the midterm elections. Don't miss the latest breaking news with push alerts on the FOX8 mobile app. Unemployment dropped another notch, from 3.6% to 3.5%, matching the more than 50-year low reached just before the pandemic took hold.The e…

3 years ago·Cleveland, United States

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