Companies in the United States added 1.4 million jobs in August, sending the unemployment rate below 10 percent for the first time since the COVID-19 pandemic began.
Groups who experience the highest joblessness rates are the immigrant women and Latino workers who, regardless of their birthplace, have below high school degree for education attainment or aged below 25.
The unemployment rate of California almost tripled to 15.5 percent in April as the country's most populated state lost employments in one month from COVID-19.
U.S. jobless claims rose slightly in the week from April 26 to May 2, but the number of individuals applying for unemployment benefits remains near a 15-year low. MarketWatch said it had expected claims to rise to a seasonally adjusted 277,000; the actual tally came in at 265,000.
The number of unemployment applications has dropped to a low not seen since mid-2000. The unemployment is also down to 5.9 percent; however, it is too early to tell whether these numbers will hold.
