07 September, 2012

CNN Breaking News

The U.S. economy added 96,000 jobs in August, down from 141,000 in July, the Labor Department said today.

The report is well below forecast and another sign of a fragile economic recovery. Economists polled by CNNMoney were expecting 120,000 jobs to be added.

Economists say at least 150,000 jobs must be created each month simply to keep pace with the growing population.

Meanwhile, the unemployment rate fell to 8.1% from 8.3%.

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