{"id":51120,"date":"2022-08-05T09:26:22","date_gmt":"2022-08-05T16:26:22","guid":{"rendered":"https:\/\/lapost.us\/?p=51120"},"modified":"2022-08-05T10:26:45","modified_gmt":"2022-08-05T17:26:45","slug":"economy-adds-whopping-528k-jobs-for-july-shatters-expectations","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=51120","title":{"rendered":"Economy adds whopping 528K jobs for July, shatters expectations"},"content":{"rendered":"<p>The U.S. added 528,000 jobs and the unemployment rate fell to 3.5 in July, according to data released Friday by the Labor Department.<\/p>\n<p>&nbsp;<\/p>\n<p>Economists expected the U.S. to have added roughly 250,000 jobs in July and keep the jobless rate at 3.6 percent, according to consensus estimates released before the report.<\/p>\n<p>&nbsp;<\/p>\n<p>High inflation, Federal Reserve interest rates hikes, and a global economic slowdown were all likely to bring job growth down toward pre-pandemic levels.<\/p>\n<p>&nbsp;<\/p>\n<p>But the U.S added more than twice as many jobs in July, defying predictions of a labor market slowdown and showing the resilience of a historically strong labor market.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. added 528,000 jobs and&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-51120","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/51120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51120"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/51120\/revisions"}],"predecessor-version":[{"id":51121,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/51120\/revisions\/51121"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}