The July job gains, which are the 3rd largest in history, occurred in a period when some of our largest states were tightening restrictions in response to rising coronavirus cases.

The Bureau of Labor Statistics released the July jobs report earlier this morning. Overall during this phase of the economic recovery the U.S. added 1.8 million jobs in July.

Strong steady gains continue in manufacturing, construction and transportation as more businesses begin to re-open and provide products and services into an economy with strong underlying demand. Durable goods inventories are low, those will be replaced.

dol.gov