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US adds 4.8 million jobs as unemployment falls to 11.1%

Per Mar Security Services has announced they're looking to hire temporary security officers in...
Per Mar Security Services has announced they're looking to hire temporary security officers in Iowa and Illinois amid the COVID-19 pandemic. (MGN Image)(KWQC)
Published: Jul. 2, 2020 at 9:17 AM CDT
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U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month yet remained far short of regaining the colossal losses it suffered this spring.

The nation has now recovered roughly one-third of the 22 million jobs it lost to the pandemic recession.

And with confirmed coronavirus cases spiking across the Sun Belt states, a range of evidence suggests that a job market recovery may be stalling. In those states and elsewhere, some restaurants, bars and other retailers that had re-opened are being forced to close again.

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