US unemployment fell to 8.4% last month as Covid-19 slows recovery


News comes as Congress is set to return from summer recess amid heated debate over new round of stimulus payments

The pace of recovery in the US jobs market slowed again in August as the coronavirus’s impact on the economy appeared to be broadening.

Employers added 1.4m new jobs and the unemployment rate dropped to 8.4% last month, dropping below 10% for the first time since the pthe labor department announced on Friday. The number of new jobs was markedly lower than in recent months. US employers added 1.8m jobs in July, 4.8m in June and 2.5m jobs in May.

Related: Stock markets fall as investors sell off tech stock amid US job fears

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