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Unemployment is Expected to go Down

After millions of Americans were laid off because of the pandemic that started early this spring, the United States is starting to regain some of the jobs back.

In March, the job losses looked like they could become permanent.

According to a survey by data provider FactSet, the unemployment rate fell from 10.2% to 9.8% and economists predict that 1.4 million jobs were added by employers in August.

If this rate is accurate, it could be just below the peak number of unemployment level of the Great Recession in 2008-2009.

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