Economy Adds 1.4 Million Jobs in August, Unemployment Falls to 8.4 Percent

Even with strong job growth the last four months, we have recovered less than half the jobs lost due to the pandemic. The August employment report showed the economy again adding back jobs at a strong rate. The reported gain of 1,371,000 somewhat overstates underlying strength since it includes the addition of 238,000 temporary Census … Continue reading Economy Adds 1.4 Million Jobs in August, Unemployment Falls to 8.4 Percent