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BREAKING: U.S. economy gains 1.8 million jobs as recovery loses momentum

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Fri, 07 Aug 20 3:48 PM | 19 view(s)
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BREAKING: U.S. economy gains 1.8 million jobs as recovery loses momentum
The U.S. economy gained around 1.76 million jobs in July and the unemployment rate dropped to 10.2 percent. That’s down from the 4.8 million jobs added in June, according to the monthly employment report released Friday by the Bureau of Labor Statistics.

The data adds to economists’ fears that the labor market recovery is flagging as the coronavirus pandemic continues to sweep through large swaths of the country.

http://www.nbcnews.com/business/economy/u-s-economy-gains-1-8-million-jobs-recovery-loses-n1236113?cid=eml_nbn_20200807




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