The nation’s unemployment rate dropped from 10.2% to 8.4% between July and August as employers added 1.4 million jobs to the economy. That is below the Great Recession high of 10% unemployment in October 2009 and a little over half of the pandemic peak of 14.7% in April. There were 23.1 million people 16 and older who were unemployed and looking for jobs in April. That total dropped to 13.6 million in August.
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Unemployment rate continues to drop as 1.4M jobs added to payrolls in August
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