U.S. August Unemployment Rate Falls to 8.4%

Total nonfarm payroll employment rose by 1.4 million in August, and the unemployment rate fell to 8.4 percent. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the pandemic, as well as hiring for the 2020 Census.

U.S. July Unemployment Rate Falls to 10.2%

Total nonfarm payroll employment rose by 1.8 million in July, and the unemployment rate fell to 10.2 percent. These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic.