Jobs Growth Slows Sharply In Last Employment Report Before Election

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A store announces its looming closure in Salt Lake City on Aug. 30, 2020. An economic recovery is starting to show signs of losing momentum as businesses close and companies announce big layoffs.

The Labor Department says U.S. employers added just 661,000 jobs last month, as unemployment fell to 7.9%, showcasing an economic recovery that is losing steam.

(Image credit: Rick Bowmer/AP)