U.S. employers hired more workers than expected last month as a number of states ended extended unemployment benefits before the September expiration.
Nonfarm payrolls increased by 943,000 workers in July as the unemployment rate fell to 5.4%, the Labor Department said Friday. Analysts surveyed by Refintiv were expecting 870,000 jobs gained and the unemployment rate to fall to 5.7% from 5.9%. June’s reading was revised higher by 88,000 jobs to 938,000.
https://www.foxbusiness.com/economy/...olls-july-2021
08-06-2021, 11:01 AM
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