The American economy added 528K jobs in July of 2022, much better than market forecasts of 250K and above an upwardly revised 398K in June. Job growth was widespread in July, led by gains in leisure and hospitality, professional and business services, and health care. Total nonfarm employment has increased by 22.0 million since reaching a low in April 2020 and has returned to its pre-pandemic level. Private-sector employment is 629,000 higher than in February 2020, although several sectors have yet to recover. Government employment is 597,000 lower than its pre-pandemic level. source: U.S. Bureau of Labor Statistics