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August 9, 2021
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The U.S. Economy Added 943,000 Jobs in July
Employers added 943,000 jobs in July, the Labor Department reported, but the data was collected in the first half of the month, before variant-related cases exploded in many parts of the country.
The jobs gain for June, initially reported at 850,000, was revised to 938,000.
While the economy and job growth overall have been strong in recent months, experts fear that the variant’s spread could undermine those gains if new restrictions become necessary. Already, some events have been canceled, and many companies have pulled back from plans for employees to return to the office in September.
Source: NYTimes, 08.06.2021
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