Reflections on the July 2020 BLS Report

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Today, the U.S. Bureau of Labor Statistics released its Employment Situation report for July 2020. This release shows a continuation in the improvement of the unemployment rate, even beating predictions, but not increasing as dramatically as last month. Clearly the effects of spiking COVID cases, disparate regional responses, and faltering re-opening efforts are slowing down the recovery. Nonetheless, the continuation of the upward trajectory of job growth is positive.

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