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In reply to the discussion: Employers added 528,000 jobs in July, as the hot labor market powers on [View all]Johnny2X2X
(19,024 posts)7. 3.5% is the all time record low!
This is a blowout jobs report. Just an amazing job by Joe.
Also, the jobs market fully recovered from Covid, over 600K more people have jobs now than before Covid.
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Employers added 528,000 jobs in July, as the hot labor market powers on [View all]
BumRushDaShow
Aug 2022
OP
The OP. I threw a quick "edited to add" at the bottom a minute later explaining my mistake. I'm
progree
Aug 2022
#8
it's more nuanced than that. With the job market like this, inflation is likely not receding.
Calista241
Aug 2022
#42
At the time, Slobfather's 3.5% was the lowest unemployment rate since May 1969 when it was 3.4%
progree
Aug 2022
#24
It was just last week the so-called financial experts were saying we were in a recession
JohnSJ
Aug 2022
#30
I can't do that. I can't compare wages to an inflation measure that excludes energy and food
progree
Aug 2022
#62
The US netted more jobs this month alone than the entirety of Donald Trump's presidency.
mahatmakanejeeves
Aug 2022
#52