A resurgence in COVID-19 cases didn’t shut off the American job creation machine last month — but it did slow it down. Employers added 1.8 million jobs in July, slightly more than had been expected but far fewer than the gains of the previous two months. And while the unemployment rate dropped from 11.1% to 10.2%, it remains worrisomely high. The coronavirus outbreaks and the resulting lockdowns and fear that kept Americans away from restaurants, bars and shops hammered the economy in the spring. Employers slashed tens of millions of jobs as businesses shut their doors to slow the virus’ spread. The economy shrank at a harrowing annual rate of nearly 33% from April through June — by far the worst three months on record. As businesses began to reopen, the job market came back, recording unprecedented gains in May and June. But a surge in […]