August job report: nearly 1.4 million jobs recovered from the Trumpvirus; unemployment rate falls to 8.4%

The US recovered 1.4 million jobs in August as the jobs recovery continued to slow. Although the unemployment rate fell to 8.4% and reached the lowest number since March, it remains one of the worst unemployment rate in modern history. Only about 48% of the 22 million jobs lost from the Trumpvirus have returned; the US is still down 11.5 million jobs to achieve full recovery.

Since states began re-opening to some degree, the US job recovered  1.7 million jobs in July and 4.8 million in June. Thus far, August appears to have the lowest numbers of jobs recovered.

CNN:

  • Major gains: Temporary census workers=238,000 new jobs.
  • Retail=249,000
  • Leisure and hospitality recovered=174,000
  • Education and health services= 147,000 jobs.

The Orange Buffoon weighs in but fails to tell his cult the whole story.

Team Trump’s bigly statement on August’s ‘bigly’ job numbers:

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Any Adult in the Room-2020.