The Bureau of Labor Statistics reported that the U.S. economy added a healthy 943,000 new jobs in July, dropping the unemployment rate to 5.4%. June's jobs number was also revised upward to 938,000 new jobs, signaling a continued strong pace of the recovery from the pandemic under the former guy's mismanagement. The economy still needs to add 5.7 million new jobs to get back to pre-pandemic levels.
The biggest gains in employment were seen in the reviving leisure and hospitality market, as more people were vaccinated and restaurants, bars and hotels experienced a surge in business. The local government and education sectors also saw new jobs created or restored.
It's all the more reason to get vaccinated to keep the economic momentum going.
(photo: ABC News)
