U.S. unemployment at 11% with 4.8 million new jobs

1.4 million U.S. workers filed new claims for unemployment insurance last week.

The unemployment rate dropped to 11.1% in June, down from 13.3% in May.

In June, employers added 4.8 million new jobs, but there are cautions some gains may be reversed as some states are now re-closing due to COVID-19.

U.S. President Donald Trump called the job gains "spectacular" and "historic."

Unemployment is higher for Blacks at 15.4%, followed by Hispanics at 14%, Asians at 13.8% and Whites at 10.1%.

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