Unemployment falls to 11.1%

(Thanks to AP) The U.S. government says unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus. While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, before a number of states began to reverse or suspend the re-openings of their economies.

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