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US unemployment rate falls to 8.4% even as hiring slows

by AP Economics Writer
| September 5, 2020 12:03 AM

WASHINGTON (AP) — U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.4%, with about half the 22 million jobs lost to the coronavirus outbreak recovered so far, the government said Friday in one of the last major economic reports before Election Day.

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