Unemployment rate falls to 11.1% in June

HousingWire Thursday, 2 July 2020 ()
The unemployment rate in the U.S. fell to 11.1% in June, with a footnote in the report saying a “misclassification” error means the rate may be as much as a percentage point higher.

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News video: 4.8 Million Jobs Added to US Economy in June

4.8 Million Jobs Added to US Economy in June 01:13

 4.8 Million Jobs Added to US Economy in June The data was released by the Department of Labor on Thursday. It reveals the unemployment rate fell to 11.1 percent in June. Analysts were cautious in responding to the massive addition of jobs, saying that the U.S. economy has a long way to go in terms of...