Employment in the U.S. jumped by much more than expected in the month of July, according to a closely watched report released by the Labor Department on Friday.The report showed non-farm payroll employment spiked by 528,000 jobs in July after surging by an upwardly revised 398,000 jobs in June.Economists had expected employment to climb by about 250,000 jobs compared to the addition of 372,000 job...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.