Snapshot of job market as it reaches pandemic recovery milestone

In July, U.S. employers fully replaced the 22 million jobs lost at the start of the pandemic and the unemployment rate fell to its lowest level in half a century, showing that the radically changing job market is getting worse. is recovering from the tumult created by Covid-19.

With 528,000 jobs created last month, the U.S. economy has recovered all of the jobs lost at the start of the pandemic, the Labor Department said Friday. The unemployment rate also fell to its pre-pandemic low in half a century of 3.5%.


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