Wednesday, Aug 10, 2022
Focus on the big picture

July jobs report more than doubles expectations as the unemployment rate drops

CBS, 05 Aug 2022
The U.S. added 528,000 jobs in July, more than double what economists had predicted. With that boost, the unemployment rate fell to 3.5%, back to pre-pandemic levels and the lowest it's been since 1969. Daniel Zhao, senior economist at Glassdoor, joins CBS News to discuss what the report indicates about the state of the economy.

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