Employers added 528,000 jobs in July,
shattering expectations
US employers added 528,000 jobs;
unemployment
falls to 3.5%
WASHINGTON (AP) — America’s hiring boom continued last month as employers added a surprising 528,000 jobs despite raging inflation and rising anxiety about a recession.
July’s hiring was up from 398,000 in June.
The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.