U.S. Economy Adds 1.4 Million Jobs In August

Jennie Taer   |  

Sep 4, 2020

The U.S. job numbers for the month of August are showing signs of what could be a bounce-back economy that’s been largely shut down by the COVID-19 pandemic for months.

According to the U.S. Bureau of Labor Statistics, 1.4 million jobs were added to the economy in the late summer month, while unemployment dropped to 8.4 percent.

Unemployment dropped by 1.8 percent compared to July, the agency reports.