Yes, Unemployment Fell. But The Recovery Seems To Be Slowing Down.

Yes, Unemployment Fell. But The Recovery Seems To Be Slowing Down.

After three straight months of declining unemployment, we have only just returned to levels of unemployment that rival the depths of the Great Recession. Friday’s jobs report revealed that the unemployment rate dropped from 11.1 percent in June to 10.2 percent in July, and 1.8 million more people were employed in July than in June. […]