CBS News, July jobs report more than doubles expectations as the unemployment rate drops

Glassdoor Economic Research

Glassdoor Economic Research

Glassdoor Economic Research, Author at Glassdoor US | Aug 5, 2022

The U.S. added 528,000 jobs in July, more than double what economists had predicted. With that boost, the unemployment rate fell to 3.5%, back to pre-pandemic levels and the lowest it's been since 1969. Daniel Zhao, senior economist at Glassdoor, joins CBS News to discuss what the report indicates about the state of the economy. Watch here.

Glassdoor Economic Research

Glassdoor Economic Research

Glassdoor Economic Research provides the latest insights and research on today’s labor market. Our economists and data scientists unearth important trends in hiring, pay and the broader economy all based on Glassdoor’s unique data on jobs, salaries, benefits, company reviews and more.