Economy ads 943K jobs for July, unemployment dips to 5.4 percent
| The U.S. added 943,000 jobs in July as a summer rush of travel and recreation spending powered the economy through surging coronavirus cases, the Labor Department reported Friday.
The unemployment rate fell to 5.4 percent in July from 5.9 percent last month, according to the monthly jobs report, as employment growth exceeded the 850,000 consensus job gain projected by economists. |
