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Labor reports another weak month of job growth

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Labor reports another weak month of job growth

U.S. nonfarm private-sector employers maintained a sluggish hiring pace in August by adding 103,000 jobs, though the national unemployment rate nudged down to 8.1 percent as more people stopped looking for work, according to the U.S. Department of Labor’s Bureau of Labor Statistics.

According to Labor, 7,000 government jobs were lost in August, dropping the total increase in nonfarm employment to 96,000 jobs. Dismal job numbers from the previous two months were revised down even further, as 41,000 fewer jobs were created in July and June than Labor first reported.  (Eder, NJBIZ)
https://www.njbiz.com/article/20120907/NJBIZ01/120909900/Labor-reports-another-weak-month-of-job-growth

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