Unemployment down, jobs up as labor supply remains tight

Unemployment down, jobs up as labor supply remains tight

(NewsNation) — The U.S. economy added a staggering 528,000 jobs in July — more than twice the number economists expected — as America’s hiring boom continues despite widespread concerns that a recession could be right around the corner. But another economic indicator has yet to bounce back.
The labor force participation rate remains below pre-pandemic levels and has even dropped in recent…

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