The U.S. economy has now recouped the 22 million jobs lost early in the pandemic, adding 528,000 positions in July as employers clamored for workers despite a slowdown in economic growth.

The jobs recovery took nearly 2½ years and included a stretch in the first half of the year during which payrolls grew faster than during any other post-World War II period when the economy began contracting.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

How to Get the Kids to School Is Latest Pandemic Headache

Figuring out how to get kids to and from school has always…

Fruit Stripe gum has been discontinued after 54 years

An icon of the gum world has experienced its final chew. Ferrara…

How Trump Org. CFO Allen Weisselberg’s plea deal could impact Trump

On Thursday, Manhattan District Attorney Cyrus Vance formally indicted the Trump Organization…

Ukraine faces a ‘make or break’ year on the battlefield, as another Trump presidency looms

Nigeria’s Foreign Minister Yusuf Tuggar also said his country had been “emphatic…