August 7, 2020

US job gains may have stalled in July amid virus spike

Washington (AFP) – The promising jobs recovery in May and June may have come to a screeching halt in July as COVID-19 cases spiked and newly rehired workers in some states were sent home.Payrolls are expected to have risen by about two million last month in the government data due out Friday, but some economists warn the gain could be much lower and is at risk of declining in August, bad news for President Donald Trump who trails in polls behind Democratic contender Joe Biden.And with state and local governments facing a cash crunch, and the continuing virus risk meaning many schools will not …

source https://this.kiji.is/en/664286825360720993?c=648607265489716321

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