The unemployment rate in the US falls to 3.5 percent

The unemployment rate in the US falls to 3.5 percent.

The economy of the United States of America added 526,000 jobs in July, which is significantly above market estimates.

According to data from the Bureau of Labor Statistics, the addition of jobs for June was revised by 26 thousand, respectively from 372 thousand to 398 thousand.

The unemployment rate has dropped to 3.5 percent.

Market expectations for the data were unchanged from last month’s figure of 3.6 percent.

The number of unemployed in the US fell to 5.7 million in July.

Due to the COVID-19 pandemic, more than 22 million people in the world’s largest economy lost their jobs in March and April 2020.

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