July was another good month for jobs in the United States, according to a new report by the Bureau of Labor Statistics.
The U.S. economy added 209,000 jobs in July, according to a report by the Bureau of Labor Statistics released on Friday. Economists polled by Reuters had expected 183,000 new jobs, meaning the economy beat experts’ expectations by 14 percent.
It’s the fifth time in the last seven months that the U.S. economy has added at least 200,000 jobs in a month. With this report, the U.S. has had as many 200,000-new job months in 2017 as it had in all of 2016.
Reuters noted in a tweet that the U.S. is “trouncing expectations” with the latest job report:
JUST IN: U.S. economy adds 209,000 jobs in July, trouncing expectations, unemployment rate falls to 4.3 percent pic.twitter.com/8oKRUpc4WK
— Reuters U.S. News (@ReutersUS) August 4, 2017
Yahoo! Finance broke the numbers down by industry, revealing strong months for leisure and hospitality (+62,000 jobs), education and health services (+54,000 jobs), and professional and business services (+49,000 jobs).
— Yahoo Finance (@YahooFinance) August 4, 2017
Counting January, this latest jobs report gives President Trump 1.29 million jobs created in his presidency.
President Trump has promised to create 25 million jobs in the next 10 years. He celebrated the latest job report in a tweet on Friday morning:
Excellent Jobs Numbers just released – and I have only just begun. Many job stifling regulations continue to fall. Movement back to USA!
— Donald J. Trump (@realDonaldTrump) August 4, 2017
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