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