The U.S. economy added 661,000 jobs in September, suggesting the labor market's recovery from the coronavirus pandemic is beginning to plateau amid fading government relief money and a gradually growing virus caseload.

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The Labor Department's payroll report released Friday is the last before the Nov. 3 presidential election, for which the coronavirus pandemic and the subsequent economic recession have been a major issue. It showed the unemployment rate unexpectedly fell to 7.9% from 8.4%.

Economists surveyed by Refinitiv expected the report to show that unemployment dropped to 8.2% and the economy added 850,000 jobs. Read more at FOX Business