Day: October 5, 2020

U.S. Adds 661,000 Jobs; Unemployment Rate Drops

Society for Human Resource Management- October 2, 2020

U.S. payrolls increased by 661,000 in September, according to the latest report from the Bureau of Labor Statistics (BLS)—falling below what economists expected. The report is more evidence that the pace of hiring has slowed, as more layoffs loom.

The unemployment rate fell to 7.9 percent f