U.S. unemployment rate fell to 8.4 percent in August

The August rate is down from its April peak of 14.7 percent, but still remains far above the 3.5 percent recorded in February, before coronavirus shutdowns took hold.

‘Not just a low-wage recession’: White-collar workers feel coronavirus squeeze

The drop in overall employment that white-collar industries have seen in five months is already on par with or worse than the hits they took during the Great Recession.