Summary: Total employment increases by 2,200 in July, more than expected; reference period only captures early part of lockdowns; participation rate declines 0.2ppt to 66.0%; fewer jobseekers outweighs smaller available workforce, sends jobless rate to 4.6%; slightly more part-time, slightly fewer full-time jobs; aggregate work hours falls 0.2%; “good reason to think” jobs market is more resilient than last year; “big falls” in employment still to come; underemployment rate up...