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At 7.9%, US unemployment rate spells trouble for Trump ahead of polls

The mass exit of women from their jobs coincided with the start of the US school year, with many children learning online and at home

Topics
US unemployment rate | Donald Trump | US Presidential elections 2020

Reuters 

The US unemployment rate fell to 7.9% in September, from 8.4% in August, a big drop that in normal times would be welcome news for a presidential incumbent seeking reelection in just over a month. These are not normal times. As the best-known summary statistic of the labor market, the US unemployment rate is a "a psychologically important number" for voters, said Michael Brown, principal US economist at Visa. But President Donald Trump's announcement on Friday that he had tested positive for the novel coronavirus pushes that number into the background: Voters may ...

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First Published: Sat, October 03 2020. 16:38 IST
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