US unemployment rate falls to 8.4% even as hiring slows

US unemployment rate falls to 8.4% even as hiring slows

4 years ago
Anonymous $rxtAWepgzY

https://apnews.com/3b986be61c960c484a274837c5791909

WASHINGTON (AP) — The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed, with employers adding the fewest jobs since the pandemic began.

Employers added 1.4 million jobs, the Labor Department said, down from 1.7 million in July. The U.S. economy has recovered about half the 22 million jobs lost to the pandemic.

US unemployment rate falls to 8.4% even as hiring slows

Sep 4, 2020, 1:37pm UTC
https://apnews.com/3b986be61c960c484a274837c5791909 > WASHINGTON (AP) — The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed, with employers adding the fewest jobs since the pandemic began. > Employers added 1.4 million jobs, the Labor Department said, down from 1.7 million in July. The U.S. economy has recovered about half the 22 million jobs lost to the pandemic.