Employers added 1.8 million jobs in July, and the unemployment rate fell to 10.2%, so far recovering less than half of the jobs lost due to the coronavirus pandemic.

Two months of record-setting payroll growth slowed in July but was still better than Wall Street estimates even as a rise in coronavirus cases put a damper on the struggling U.S. economy.

America’s fragile jobs market recovery, after just two months of improvement, appears to be losing steam as Covid-19 infections rise and federal funds for businesses begin to dry up.

Filings for jobless benefits fell last week to their lowest level since March, a sign layoffs eased somewhat as the labor market tries to recover from the coronavirus pandemic.

Global stocks mixed as investors brace for two key readings on the U.S. jobs market today and Friday and look to Congress for a breakthrough on fresh stimulus.

Though all small businesses have been battered during the coronavirus pandemic — between government shutdown orders, suddenly high unemployment rates and consumer spending worries — Black-owned businesses have felt it especially hard.