According to the article, “Job gains slow as layoffs persistâ€, the U.S. economy created 661,000 jobs in September, causing the unemployment rate to drop from 8.4% in August to 7.9% in September. This jobless rate is much lower than a pandemic high of near 15% in April. If then, why do you think that experts worry about the job market with this encouraging news? Do you think that the job market will go back to normal within several months? Why or why not? Briefly discuss.
Source: Chaney, Sarah: “Job gains slow as layoffs persistâ€, Oct. 3, 2020, the Wall Street Journal (eastern edition)