Record 153,513,000 Employed in July; 62.9% Labor Force Participation

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CNS NEWS:

President Trump was awake early on this “employment report” Friday, tweeting about jobs, regulation-busting, and consumer confidence, among other things.

A few hours later, the Labor Department’s Bureau of Labor Statistics said the economy added 209,000 jobs in July; the number of employed people jumped by 345,000 to 153,513,000 in July, setting a third straight monthly record; the number of Americans counted as not in the labor force, meaning they don’t have a job and are not looking for one, dropped for a third straight month to 94,657,000; and the nation’s unemployment rate also dropped a tenth of a point, to 4.3 percent.  READ MORE

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