The job market has improved somewhat, according to data reported in The Wall Street Journal:”
Employers added 1.8 million jobs in July, indicating the U.S. economic recovery continued but lost some momentum during the summer coronavirus surge. July’s job gain was slower than the previous two months, when payrolls grew a combined 7.5 million as many states lifted lockdown restrictions on businesses. There are now about 13 million fewer jobs than in February, the month before the coronavirus hit the U.S. economy. The unemployment rate fell to 10.2% last month after hitting a peak of nearly 15% in April, showing people continued returning to work. The Labor Department said the greatest employment growth occurred in the hospitality, government, retail, business services and the health-care sectors.”