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Alex y Fabricio
Kartodikromo Wever
creando consciencia
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Aruba
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August 8, 2020
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Page 31
Aruba’s ONLY English newspaper ruba’s ONLY English newspaper
A
U.S. hiring slows amid signs of longer-lasting economic damage
By CHRISTOPHER RUGABER The hiring of the past three
WASHINGTON (AP) — U.S. months has recovered 42%
hiring slowed in July as the of the jobs lost to the pan-
coronavirus outbreak wor- demic-induced recession,
sened, and the govern- according to the Labor De-
ment’s jobs report offered partment’s report.
signs Friday that the eco- Though the unemployment
nomic damage from the rate fell last month from
pandemic could last far 11.1% to 10.2%, that level
longer than many obser- still exceeds the highest
vers originally envisioned. rate during the 2008-2009
The United States added Great Recession.
1.8 million jobs in July, a pull- Roughly half the job gains
back from the previous two were in the industries hit
months. At any other time, hardest by the virus: res-
hiring at that level would taurants, retail shops, bars,
be seen as a blowout gain. hotels and entertainment
But after employers shed a venues such as casinos.
staggering 22 million jobs Those jobs have been rela-
in March and April, much tively quick to return after
larger increases are nee- the broadest shutdowns In this July 9, 2020, file photo, a large video display reads “Now hiring for our new hotel coming
ded to heal the job market. ended in May and June. soon!,” at the new Emerald Queen Casino, which is open, and owned by the Puyallup Tribe of
Continued on Page 25 Indians, in Tacoma, Wash.