Economists cautiously optimistic as unemployment rate falls to 6.9%

Nov 6, 2020 |

The U.S. unemployment rate in October hit a new pandemic low of 6.9%, down a full percentage point from September’s 7.9%, the Labor Department said on Friday. With 1.5 million people making up that one percentage drop, the department estimates that now 11.1 million Americans are still unemployed, according to the Household Survey Data. Though September began showing […more]

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