Economy Gains 1.8 Million Jobs in June; Unemployment Declines to 10.2%
The U.S. economy gained 1.8 million jobs in July, and the unemployment rate declined to 10.2%, according to figures released Friday morning by the U.S. Bureau of Labor Statistics. The improvements reflect the continued resumption of economic activity that previously was curtailed because of the COVID-19 pandemic. Last month’s biggest job gains were in leisure and hospitality (+592,000), government (301,000), retail trade (258,000), professional and …
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