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US employers add 4.8 million jobs in June; jobless rate drops to 11.1%

US employers add 4.8 million jobs in June; jobless rate drops to 11.1%

Thursday, July 02, 2020 - Business Management, Services & Risk Management

Employers added 4.8 million nonfarm jobs in June after hiring 2.5 million workers in May, according to the federal Bureau of Labor Statistics. June’s unemployment rate fell to 11.1% versus May’s 13.3%. Improvement in the labor market for the second…

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