Money Economy adds 528,000 jobs in July as hiring surges despite high inflation. US recovers all jobs lost in COVID. August 5, 2022August 5, 2022 Paul Davidson, USA TODAY Comments Off on Economy adds 528,000 jobs in July as hiring surges despite high inflation. US recovers all jobs lost in COVID. The economy added 528,000 jobs in July despite a slowing economy and high inflation, Unemployment fell from 3.6% to 3.5%.