Unemployment Rate Shockingly Falls To 8.4 Percent
September 08, 2020 at 14:39 PM EDT
There were 1.371 million jobs created in August, which slightly missed estimates for 1.4 million. This was down from 1.734 million. There was a half V-shaped recovery in employment. The underemployment rate fell from 16.5% to 14.2%.