Almost 1.4 Million Jobs were created according to Labor Department figures released Friday.
BREAKING: U.S. jobs rose by 1.4M in August, unemployment rate fell to 8.4%https://t.co/wH5nYwYg5d pic.twitter.com/raR49YATWs
— CNBC Now (@CNBCnow) September 4, 2020
CNBC:
Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4% as the U.S. economy continued to climb its way out of the pandemic downturn.
The unemployment rate was by far the lowest since the coronavirus shutdown in March, according to Labor Department figures released Friday. An alternative measure that includes discouraged workers and those holding part-time jobs for economic reasons also fell, down to 14.2% from 16.5% in July and 22.8% at the peak in April.
Economists surveyed by Dow Jones had been expecting growth of 1.32 million and the jobless rate to decline to 9.8% from 10.2% in July.
Even the Mainstream Press can’t cover it up:
CNBC reports: “big decline” in unemployment rate, unemployment rate lower across demographicshttps://t.co/lHKVvHRfmY pic.twitter.com/Zu31u7YONe
— RNC Research (@RNCResearch) September 4, 2020
CNBC’s Steve Liesman: “a lot more people came back to the workforce and a lot of them found jobs”https://t.co/enHy0gFIYj pic.twitter.com/sFYSUiqZaM
— RNC Research (@RNCResearch) September 4, 2020
Fox Business reports: 1.37 million jobs created, a “big change” in the lowering unemployment rate pic.twitter.com/g4uBMBJAbx
— Steve Guest (@SteveGuest) September 4, 2020
BREAKING: The US gained back 1.4 million jobs in August.
Official unemployment rate = 8.4%
That’s the lowest unemployment rate since March but one of worst in modern history.**About 48% of the 22 million jobs lost during the pandemic have returned**
— Heather Long (@byHeatherLong) September 4, 2020
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