Heard on the Street: America's jobs tally is back to prepandemic levels. But here's how those jobs reveal it's not a full recovery.
The surprise addition of 528,000 jobs in July erased pandemic losses, but a lower share of Americans are employed
Amid a record hiring streak in the U.S., economists are watching for signs of a possible wave turn. WSJ’s Anna Hirtenstein looks at how rising interest rates, high inflation, market selloffs and recession risks challenge the growth of America’s workforce. Photo: Olivier Douliery/AFPThe U.S. finally has as many jobs as it did before the pandemic struck. Ultimately, a lot of them might not be in the right place.in July from a month earlier—far more than the 258,000 that economists expected to see.
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