Marketwatch: U.S. regains 1.4 million jobs in August and unemployment drops to 8.4% as economic recovery shows resilience
One caveat: The jobless rate would have been closer to 9% if households gave an accurate description of their employment status, the Bureau of Labor Statistics said.
The economy is showing signs of slowly coming back, but the stock market is taking another dive today.
8.4% unemployment is nothing to brag about. https://t.co/2HPkedFLy5
— Chuck Schumer (@SenSchumer) September 4, 2020