US lost 3 million jobs under Trump. Under Biden, it's added 4 million since January. (Picture)

 

"I have yet to find a blemish in this jobs report. I've never before seen such a wonderful set of economic data," Jason Furman, an economics professor at Harvard, tweeted. He based his excitement over the report over the fact that there were, "job gains in most sectors," a "big decline in unemployment rate" including for Black and Hispanic populations, a reduction in long-term unemployment, and "solid (nominal) wage gains." Justin Wolfers, an economics professor at the University of Michigan, also said that the July report is "what a robust jobs report looks like."