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image: Lowe's

Retail adds 66K jobs in July

August 6, 2018

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While the jobs gains mark a slowdown from the pattern of the last few years, they also demonstrate a still-healthy economy, according to NRF Chief Economist Jack Kleinhenz​.

“While today’s jobs release may appear disappointing after a string of monthly gains, the economy remains fundamentally strong,” he said in a statement. “In the past, summer months tend to show large employment fluctuations due to the timing of seasonal hiring. However, consumer and business optimism remain elevated and paints a positive picture as we head into the third quarter.”

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