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Breaking down the weak August jobs report
9/10/2012 2:02:00 PM by Adam Rombel |
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On Friday Sept. 7, the U.S. Bureau of Labor Statistics reported that U.S. employers added 96,000 jobs in August, far short of economists’ expectations.
The unemployment rate actually dipped to 8.1 percent in August from 8.3 percent in July, but that was only because 368,000 people dropped out of the work force and were not counted in the unemployment-rate calculation.
In this video report, I look deeper behind the numbers of the August employment report.
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