PBS NewsHour

Jobs report shows labor market more robust than anticipated

Clip: 08/05/2022 | 5m 47s | Video has closed captioning.

The U.S. has now regained all the jobs it lost during the COVID pandemic, in spite of concerns about rising inflation and a possible recession. Employers added 528,000 jobs last month, more than double what economists predicted. Meanwhile, unemployment fell to 3.5 percent, the lowest since the pandemic started. Washington Post columnist Catherine Rampell joins John Yang to discuss.

Aired: 08/05/22

Rating: NR

Problems Playing Video? | Closed Captioning

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