“The jobless rate fell to 11.1% in June as the U.S. regained 4.8 million jobs, but a recent coronavirus spike could hamper the labor market’s recovery,” the Wall Street Journal reports.
CNBC: “The numbers capture the move by all 50 states to get activity moving again after the virus seized up much of the U.S., particularly service-related industries. However, because the government survey comes from the middle of the month, it does not account for the suspension or rollbacks in regions hit by a resurgence in coronavirus cases.”
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