# Instant View: July U.S. Employment Growth Slows Sharply

- Link: https://www.widthness.com/instant-view-july-u-s-employment-growth-slows-sharply-2/
- Published: 2020-08-08T09:45:06-05:00
- Author: Curated by Theresa Wysocki

By Reuters (Compiled by Chuck Mikolajczak). NEW YORK — U.S. employment growth slowed considerably in July amid a resurgence in new COVID-19 infections, offering the clearest evidence yet that the economy’s recovery from the recession caused by the pandemic was faltering. Nonfarm payrolls increased by 1.763 million jobs last month after a record 4.791 million in June, the Labor Department said on Friday. Economists polled by Reuters had forecast 1.6 million jobs were added in July. The unemployment rate fell to 10.2% from 11.1% in June, but it has been biased downward by people misclassifying themselves as being “employed but absent from work.” At least 31.3 million people were receiving unemployment checks in mid-July. […] Click here to view original web page at www.nytimes.com