• D. Brit

US Jobs Report - Unemployment at 10.2%, down from 11.1% in June


What Happened:

  • The US economy added 1.8 million jobs in July and unemployment fell to 10.2%, down from 11.1% in June.

  • This is the third straight month of improvement after the spring lockdown.

  • The overall economy is still down 12.9 million jobs during the pandemic.

  • The rate of 10.2% unemployment is an improvement but still remains higher than the Great Recession high of 10% in October of 2009 (according to the Bureau of Labor Statistics).

Photo Credit: Cari Dobbins

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