Massive jobs surprise: US economy added 528,000 jobs in July

The US economy added 528,000 jobs in July, according to data released Friday by the Bureau of Labor Statistics, far surpassing economists’ expectations.

The unemployment rate fell to 3.5%, after holding at 3.6% for four straight months.

Friday’s employment snapshot marks the 19th consecutive month of job growth.

This story is developing and will be updated.


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