Economy Brings Back 4.8 Million Jobs In June\, Unemployment At 11.1 Percent – Analysis

Economy Brings Back 4.8 Million Jobs In June, Unemployment At 11.1 Percent – Analysis

Eurasia Review Thursday, 2 July 2020 ()
Economy Brings Back 4.8 Million Jobs In June, Unemployment At 11.1 Percent – AnalysisThe June employment report showed the economy adding back 4.8 million jobs, following a gain of 2.7 million (revised up by 200,000) in May. This two-month gain leaves the economy down by just under 14.7 million jobs from its pre-pandemic level in February.

The unemployment rate fell 2.2 percentage points to 11.1 percent....
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Video credit: CBS 2 New York - Published
News video: Latest Jobs Report Shows Encouraging News Since March, April Job Losses

Latest Jobs Report Shows Encouraging News Since March, April Job Losses 01:32

The Labor Department says a better than expected 4.8 million jobs were added in June