July jobs report: Economy adds back 943,000 payrolls, unemployment rate falls to 5.4%

Homepage | Forums | Main Forums | Latest Breaking News | July jobs report: Economy adds back 943,000 payrolls, unemployment rate falls to 5.4%

Viewing 1 reply thread
  • Author
    Posts
    • #439057
      RCW2020
      Participant
      • Total Posts: 696

      Source: Yahoo! Finance
      Emily McCormick · Reporter
      Fri, August 6, 2021, 8:31 AM

      U.S. employers added back more jobs than expected last month, with payroll gains moving in tandem with improving economic activity and consumer mobility during the recovery.

      The U.S. Labor Department released its July jobs report Friday morning at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus estimates compiled by Bloomberg:

      — Change in non-farm payrolls: 943,000 vs. +865,000 expected and a revised +938,000 in June

      — Unemployment rate: 5.4% vs. 5.7% expected and 5.9% in June

      Link to source

    • #439072
      retired liberal
      Participant
      • Total Posts: 4,363

      Maybe a few.

      We are an arrogant species, believing our fantasy based "facts" are better than the other person's fake facts.
      The older we get, the less "Life in Prison" is a deterrent.
      Always wear a proper mask when out and about. The life you save could be both yours and mine.
      Don't forget that the S in IoT stands for Security.

      • #439081
        RCW2020
        Participant
        • Total Posts: 696

        comment on every positive jobs report I’ve post on various forums for the last two decades.

        Thanks for continuing the tradition.

        • #439093
          retired liberal
          Participant
          • Total Posts: 4,363

          .

          We are an arrogant species, believing our fantasy based "facts" are better than the other person's fake facts.
          The older we get, the less "Life in Prison" is a deterrent.
          Always wear a proper mask when out and about. The life you save could be both yours and mine.
          Don't forget that the S in IoT stands for Security.

      • #439096
        gordyfl
        Participant
        • Total Posts: 1,861

        Restaurants, hotels and retail. Jobs that are often part-time, low pay and low benefits. That’s the direction our country has been heading for decades.

Viewing 1 reply thread
  • You must be logged in to reply to this topic.