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Offline mystery-ak

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Economy adds 943,000 new jobs as recovery picks up pace
« on: August 06, 2021, 01:35:28 pm »
Economy adds 943,000 new jobs as recovery picks up pace
by Joseph Lawler, Policy Editor |
 | August 06, 2021 08:30 AM

The economy added 943,000 new jobs in July, the Bureau of Labor Statistics reported Friday, bringing the labor market recovery to its fastest pace in over a year. The unemployment rate fell by half of a percentage point to 5.4%.

The report beat forecasters' expectations, which were for around 870,000 new nonfarm payroll jobs.

The details of the report suggested underlying momentum in the recovery. Revisions added 119,000 jobs to the previous two months' tallies. Labor force participation and wages also rose.

"Things are undeniably moving in the right direction," said Greg McBride, the chief financial analyst for Bankrate.com.

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https://www.washingtonexaminer.com/policy/economy/economy-adds-jobs-recovery-picks-up-pace
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Offline Kamaji

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Re: Economy adds 943,000 new jobs as recovery picks up pace
« Reply #1 on: August 06, 2021, 01:36:25 pm »
Nonsense.  These are old jobs to which the job-holders are returning.
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Offline LMAO

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Re: Economy adds 943,000 new jobs as recovery picks up pace
« Reply #2 on: August 06, 2021, 01:45:21 pm »
Then why are we still paying people to stay home and not pay their rent? 9999hair out0000
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Online catfish1957

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Re: Economy adds 943,000 new jobs as recovery picks up pace
« Reply #3 on: August 06, 2021, 01:58:25 pm »
Rubber Band effect.  Reset of the Trump economy, which will be soon undone by the idiot Biden.
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