Unemployment rate declines to 8.4 percent as economy adds 1.4 million jobs

A man wearing a face mask walks past a sign "Now Hiring" in front of a store amid the coronavirus pandemic on May 14, 2020 in Arlington, Virginia.
(Image credit: OLIVIER DOULIERY/AFP via Getty Images)

The U.S. unemployment rate has dipped below 10 percent for the first time during the coronavirus crisis.

The Labor Department on Friday said the unemployment rate in August declined to 8.4 percent, while the economy added 1.4 million jobs, per The Washington Post. Economists had been anticipating the unemployment rate would decline to 9.8 percent and that 1.32 million jobs would be added, CNBC reports.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.