Nonfarm Employment Rose to 1.8M in July

Washington, DC, August 7, 2020-Total nonfarm payroll employment rose by 1.8 million in July, and the unemployment rate fell to 10.2%, the U.S. Bureau of Labor Statistics reported. 

These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In July, notable job gains occurred in leisure and hospitality, government, retail trade, professional and business services, other services, and healthcare.