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

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.

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Trump dons face mask during Walter Reed visit

President Trump wore a face mask during his Saturday visit to Walter Reed National Military Medical Center, according to AP.

Why it matters: This is the first occasion the president has appeared publicly with a facial covering as recommended by health officials since the start of the coronavirus pandemic.

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The day sports stopped

The most historic day in sports activism history began in an empty gym.

What happened: The Milwaukee Bucks chose not to take the floor for Game 5 against the Magic, which led to all three NBA games being postponed — and most of the sports world following suit.

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Biden to unveil executive actions on gun violence prevention

President Biden is expected to present a series of executive actions on guns Thursday, including directing his Justice Department to tighten regulations on purchases of so-called “ghost guns."

Why it matters: The president has faced increased pressure from Democrats and gun violence prevention groups to act on the issue following a series of recent high-profile gun tragedies across the U.S.

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The post-pandemic battle against kids' screen time

After over a year in which parents let kids sit in front of screens pretty much all the time, reining in their digital fixation will be a challenge.

Why it matters: Some studies have suggested that certain types of digital content such as social media can have addictive qualities, and that consuming too much can be harmful to children, particularly adolescents.

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