Domald Trump
Financial News News The News Wire Trump US News X News

Record 153,513,000 Employed in July; 62.9% Labor Force Participation

President Trump was awake early on this “employment report” Friday, tweeting about jobs, regulation-busting, and consumer confidence, among other things.

A few hours later, the Labor Department’s Bureau of Labor Statistics said the economy added 209,000 jobs in July.

The number of employed people jumped by 345,000 to 153,513,000 in July, setting a third straight monthly record.

The number of Americans counted as not in the labor force, meaning they don’t have a job and are not looking for one, dropped for a third straight month to 94,657,000; and the nation’s unemployment rate also dropped a tenth of a point, to 4.3 percent.

President Trump was awake early on this “employment report” Friday, tweeting about jobs, regulation-busting, and consumer confidence, among other things.

Of the 209,000 jobs added in July, gains occurred in food services and drinking places, professional and business services, and health care.
BLS said employment growth has averaged 184,000 a month so far this year.

ORIGINAL ARTICLE

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.