BUSINESS

U.S. Jobs Fall Lower Than Expected

The U.S. added fewer jobs than expected in September in a sign that America’s rebound from the economic collapse triggered by the coronavirus pandemic is slowing.

Employers added 661,000 jobs against the more than 800,000 expected.

The jobless rate fell to 7.9 per cent, dropping for a fifth month, but the minority workers hit hardest saw minor change.

The gains mean the U.S. has recovered more than half the 22 million jobs lost in March and April amid lockdowns.

Readers Bureau, Contributor

Edited by Jesus Chan

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