By: Teddy Grant The U.S. added 943,000 jobs in July while the unemployment rate sits at 5.4%, the Bureau of Labor Statistics said Friday. The strong showing is the biggest monthly gain since August 2020, according to NBC News. Analysts had estimated the U.S. would add 850,000 jobs. June’s numbers were also revised up, with the economy adding 938,000 positions, CNN reported. The U.S. added 16.7 million jobs since May 2020. Despite the gains, the country is still lagging in job creation because of the pandemic. There were 5.7 million more jobs before COVID-19 facilitated a slowdown in job growth. RELATED: US economy shrank 3.5% in […]
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