The U.S. economy added 661,000 jobs in September, while the unemployment rate fell to 7.9 percent, from 8.4 percent in August, the Labor Department said in an Oct. 2 release.
The agency’s last monthly employment report ahead of the Nov. 3 presidential election shows labor market recovery continues from the lockdown-driven lows of March and April, although at a slowing pace. Employment growth peaked in June, when payrolls jumped by a record 4.781 million jobs, dropping to 1.761 million jobs added in July, and 1.489 million in August.
