U.S. employers added 96,000 jobs last month, a weak figure that could slow any momentum President Barack Obama hoped to gain from his speech to the Democratic National Convention.
The unemployment rate fell to 8.1 percent from 8.3 percent in July, the Labor Department said Friday. But that was only because more people gave up looking for work. The government only counts people as unemployed if they are actively searching.
The government also said 41,000 fewer jobs were created in July and June than first estimated.
Read more: http://nation.foxnews.com/unemployment/2012/09/07/jobs-report-reveals-only-96000-jobs-added-august-unemployment-rate-dips-81-percent#ixzz25nCQwJyr
Only 96,000 Jobs Added in August, Unemployment Rate Dips to 8.1 Percent
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Seeded on Fri Sep 7, 2012 7:03 AM

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