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Day: August 8, 2022

Employers

July Jobs Report Reveals Lowest Unemployment Rate in 50 Years

NAFCU (08/08/2022) The Bureau of Labor Statistics issued the July Jobs Report on Friday, which revealed that the unemployment rate dropped to 3.5 percent in July, a fifty-year low. NAFCU Chief Economist and Vice President of Research Curt Long analyzed the report in a new NAFCU Macro Data Flash report. “The July jobs report was a summer scorcher, and will likely be seen as uncomfortably warm for policy makers focused on

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