U.S. Economy Shows Jobs Decline In August

The U.S., economy added fewer jobs than expected in August as employment rose by 235,000 much less than anticipated pundits.

It shows a dramatic decrease from that of the 1.05 million jobs created in July.

The report suggests that the recovery from the pandemic may be on a downturn.

That said, the unemployment rate fell to 5.2% in August from 5.4% in July.

Analysts have blamed the negative impact on the economy on the rapid spread of the Delta variant of COVID-19.

Readers Bureau, Contributor

Edited by Jesus Chan

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