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The Story Behind the Government’s July Jobs Report

by Slay News
August 7, 2022
in Economy
The Story Behind the Government's July Jobs Report

President Joe Biden celebrated the better-than-expected July jobs report on Friday, calling it “the result of my economic plan to build the economy from the bottom up and middle out.”

Although the White House had initially anticipated a lower figure, the Biden administration and other Democrats in Washington celebrated the numbers.

The headline print of 528,000 new jobs last month allowed the United States to return the 22 million positions that were lost during the coronavirus pandemic. But market analysts are digging through the data and finding new trends and fresh hurdles that the economy still needs to overcome. Are Workers […]

Read the rest of this story here: slaynews.com

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