 "US economy, jobs, employment, workers")
The US economy grew a bit faster than initially thought in the second quarter, lifting the level of gross domestic product above its pre-pandemic peak, as massive fiscal stimulus and vaccinations against COVID-19 boosted spending.
Gross domestic product increased at a 6.6% annualized rate, the Commerce Department said on Thursday in its second estimate of GDP growth for the April-June quarter. That was revised up from the 6.5% pace of expansion reported in July.
Economists polled by Reuters had expected that second-quarter GDP growth would be raised to a 6.7% pace.
The economy grew at a 6.3% rate in the first quarter,
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