U.S. Unemployment Drops to 8.4 Percent Amid Coronavirus Pandemic, As Nearly 1.4 Million Jobs Added in August

Nearly 1.4 million jobs were added to the U.S. economy in August amid the coronavirus pandemic as unemployment dropped to 8.4 percent.

The 1.37 million jobs added are slightly higher than the 1.32 million predicted, while the 8.4 percent unemployment number fell a significant amount from the April figure of 14.7 percent.

On Mornings with Maria Bartiromo, Friday, Moody’s Capital Markets Research Chief Economist John Lonski said, “I think it’s a good number. Good number
Read more…

Please follow and like us: