US economy regains jobs lost in pandemic

The US economy has now regained all jobs lost during the pandemic.

Data released today by the Bureau of Labor Statistics showed a gain of 528,000 jobs last month.

It is more than double the 250,000 that economists were expecting.

The unemployment rate ticked down to 3.5% after holding at 3.6% for the past four months. 

The July jobless rate matched the half-century low last seen in February 2020.

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