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