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U.S. economy adds in August 1.4 million jobs as COVID-19 recovery slows

U.S. economy adds in August 1.4 million jobs as COVID-19 recovery slows

The unemployment rate fell below 10 percent in August, which is a first since the COVID-19 pandemic began in March as the U.S. economy added 1.4 million jobs. The unemployment rate was 8.4 percent in August, which is down from 10.2 percent in July. Monthly job growth slowed from 1.7 million in July and 4.8 million in June.

Joe
Joe
Rich
Rich 1 months

Even during this "pandemic" President Trump's economy is rebounding. The Dems failed again.

Andrew Kenney
Andrew Kenney 1 months

That's my President! Trump 2020🇺🇲

Cole.
Cole. 1 months

What do they mean by "...recovery slows" its doing better than expected!

Freedom Nuggets
Freedom Nuggets 1 months

This description is misleading without a basic understanding of Linear and non-Linear Math. "Monthly job growth" is going to slow... over and over and over because every month, there are fewer looking for jobs and less jobs to be filled. I have 1,000 jobs and this month 700 of them get filled... how many people can get a job next month? If I have 1,000 people needing a job this month... and 600 of them get jobs... what will this "new jobs numbers" look like next month? Worse or Better? The pool of available workers and available jobs gets smaller and smaller. Grossly misleading to lower IQ folk. Eventually everybody has a job... and the new headline is "JOB GROWTH HAS COMPLETELY HALTED THE END IS NIGH".

Skot
Skot 1 months

The economy isn't rebounding, it's getting ready to crash. And if anyone is to blame, everyone is to blame, from Clinton to Bush to Obama.

TexasReb
TexasReb 1 months

@Jon - I love your observation. I don't remember in recent past months, as the economic situation improved month over month over month, the media ever saying that the economy "recovers faster".

Julian
Julian 1 months

“as recovery slow”. Jesus, these people are such pessimistic pricks.

michael
michael 1 months

How many new jobs are in environmentally destructive industries? What conservatives refuse to accept is that the environment fuels the economy.

Jon
Jon 1 months

I love how the selected picture is of a massive slant. "Recovery slows". Slows from what? When was any economy on the planet Recovering faster?

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