943K jobs added in July, Unemployment Falls to 5.7% // United Requiring Staff to Be Vaccinated - 8/6 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:30) - The July jobs report was released this morning and revealed that the U.S. added 943K jobs last month, with the unemployment rate falling to 5.4%. This beat analyst expectations by a large margin, and was the fastest pace of hiring in nearly a year.(12:51) - Paul Lane of the Armstrong Advisory Group joined the show to dive into the strong July jobs report, detailing what sectors saw the fastest growth, what happened with wages, and much more.(24:41) - United Airlines has become the first major U.S. airline to require all of its staff to be vaccinated, which comes to about 67K employees. The airline added that workers will have to comply by October 25th or five weeks from full FDA approval of the vaccine.(37:26) - Maersk, the biggest container shipping company in the world, had a huge earnings beat for Q2, bringing in $5.1 billion.