The US adds 4.8 million jobs, unemployment drops to 11.1%
The latest data indicates that the US economy and labor markets have a long and difficult road to recovery ahead. While we may have added 4.8 million jobs in June, the figures are still nowhere close to the number of jobs which were lost in the months of March and April. Given the number of new cases and the resurgence of the outbreak after opening up the economy there's still a long way to go before things return to even remotely normal. Read about the details here.
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