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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.
4 months ago·Washington, United States

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US job growth beats expectations; unemployment rate falls 3.5%

US employers hired far more workers than expected in July, with the unemployment rate falling to a pre-pandemic low of 3.5%, providing the strongest evidence yet that the economy was not in recession.

4 months ago·Mumbai, India
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U.S. labor market defies recession fears as job growth surges in July

U.S. job growth unexpectedly accelerated in July, lifting the level of employment above its pre-pandemic level and pouring cold water on fears the economy was in recession.

4 months ago·United Kingdom
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US adds 528,000 jobs in July as market returns to pre-pandemic levels | US unemployment and employment data

Unemployment rate dipped to 3.5% in July, equal to its rate in February 2020 before the Covid-19 pandemic hit the US

4 months ago·London, United Kingdom
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'What recession?' — U.S. hiring soars to 528,000 new jobs in July

America's hiring boom continued last month as employers added a surprising 528,000 jobs despite raging inflation and rising anxiety about a recession.

4 months ago·Canada
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U.S. employers added 528,000 jobs; unemployment falls to 3.5 per cent

Defying anxiety about a possible recession and raging inflation, America's employers added a stunning 528,000 jobs last month, restoring all the jobs lost in the coronavirus recession. Unemployment fell to 3.5 per cent, lowest since the pandemic struck in early 2020.

4 months ago·Toronto, Canada
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US unemployment rate drops to 3.5 per cent amid ‘widespread’ job growth

‘Both total nonfarm employment and the unemployment rate have returned to their February 2020 pre-pandemic levels’

4 months ago·London, United Kingdom
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