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August 7, 2022
Jobs Gained in July: 528,000 Average Monthly Gain Past Three Months: 429,000 Unemployment Rate: 3.5% Executive Summary The U.S. added 528,000 jobs in July, more than double the consensus expectation of 258,000. Education & health services gained 122,000 jobs, the most of any sector. The unemployment rate fell by 10 basis points (bps) to 3.5%, as did the labour participation rate to 62.1%....
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