News Alert: America added 943,000 jobs in July, signaling a strong labor market

The US economy added 943,000 jobs in July and the unemployment rate fell to 5.4%, the Bureau of Labor Statistics reported Friday.
CNN

The US economy added 943,000 jobs in July and the unemployment rate fell to 5.4%, the Bureau of Labor Statistics reported Friday.

It was the biggest job gain since August last year, when more than 1 million positions were added back, and more than the 870,000 economists had expected.

So far, the increased virus spread from Delta has not weighed on the jobs data much, but that could change in the next reports.