"Today’s employment report was expected to show an economy not yet in recession but at least headed in that direction,” said ABC Chief Economist Anirban Basu. “Shockingly, that did not come to pass, as U.S. employers added 528,000 jobs in July, more than twice the consensus forecast of 250,000, and the unemployment rate across all industries fell to 3.5%, tied for the lowest rate since the late 1960s." Read the full article Here.
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