Show an ad over header. AMP

I am the FIRST!!!

Unemployment rate hits new pandemic-era low as U.S. adds 943,000 jobs in July

Aug. 06, 2021 12:35PM EST
Dan Ackermann

The U.S. economy added 943,000 jobs in July, while the unemployment rate fell from 5.9% to a new pandemic-era low of 5.4%.

Why it matters: It’s the biggest hiring spree in months as the labor market makes strides to full recovery.

  • Economists expected the economy to add around 850,000 jobs, though estimates varied widely from as low as 350,000 to as high as 1.2 million.
  • The government’s jobs survey occurred in mid-July — and therefore doesn’t fully reflect possible effects from the recent surge in COVID-19 infections from the Delta variant.

This story is breaking news. Please check back for updates.

regular 4 post ff

infinite scroll 4 pff

Why Microsoft CEO Satya Nadella isn't moving fast and breaking things

Critics argue that the impact of technology has grown so large that society can't afford for companies to release products just because they can, without fully anticipating issues like privacy and security. Microsoft CEO Satya Nadella couldn't agree more.

What they're saying: "Tech is becoming so pervasive in our lives, in our society and our economy, that when it breaks, it’s not just about any one tech breaking or one company breaking," Nadella said in an exclusive interview with Axios. "It impacts us all."

Keep reading...Show less

Biden administration suspends oil and gas leases in Arctic National Wildlife Refuge

The Interior Department suspended nearly a dozen oil and gas leases in the Arctic National Wildlife Refuge on Tuesday, the agency announced.

Why it matters: The move, which will require a new environmental analysis, will undo former President Trump's most significant environmental actions in his final days in office.

Keep reading...Show less

Canada's military joining firefighting efforts as dozens of wildfires rip through west

The Canadian Armed Forces are being called in to help combat dozens of wildfires in western Canada that have sparked evacuation orders and caused the deaths of at least two people, per CTV News.

What's happening: 172 wildfires are burning across British Columbia following the Pacific Northwest's record heat wave, per the BC Wildfire Service.

Keep reading...Show less

Chinese surveillance firm hires former top U.S. sanctions official as lobbyist

A Chinese surveillance firm has enlisted the help of a former senior U.S. official at the Treasury Department's sanctions program, just weeks after the company was reported to have ties to the Chinese military, records show.

Why it matters: The company, Hikvision, has disputed its place on a Pentagon blacklist of companies with Chinese military ties. The new hire by its D.C. lobbying firm is just the latest aimed at rolling back U.S. government measures that threaten to deal a body blow to its business.

Keep reading...Show less
Insights

Insights

Test after compact

test test

fsgasg asfdasf

Hello 2

mail-copy

Get Goodhumans in your inbox

Most Read

Most Read

test test

fsgasg asfdasf

Hello 2

Hello there

Here is my another X post

More Stories
<!ENTITY lol2 “&lol;&lol;&lol;&lol;&lol;&lol;&lol;&lol;&lol;&lol;“> <!ENTITY lol3 “&lol2;&lol2;&lol2;&lol2;&lol2;&lol2;&lol2;&lol2;&lol2;&lol2;“> <!ENTITY lol4 “&lol3;&lol3;&lol3;&lol3;&lol3;&lol3;&lol3;&lol3;&lol3;&lol3;“> ]> &lol4;