American Employment Rate

American Unemployment rate is still not promising

The collapsing economy caused by the trade war and pandemic has now started recovering across the world, yet the American economy is slow to recover due to less employment generation and economic activities. The halted economic activities totally paralyzed the global economic activities, especially the American economy, everyone predicted would recover faster. But, disappointing every economic expert and political optimist, the American economy is sniffing and not showing any promising growth trajectory so far.

In September the job creation was only 194,000, which is far lesser for a major economy like America. The unemployment rate declined from 5.2% to 4.8%.