US Job Growth Slows, Unemployment Rises in August

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Tags: economy

Erick Barnes

TAMPA, Fla. — The U.S. Department of Labor’s Bureau of Labor Statistics released its Employment Situation Summary today, and the numbers for August are lower than expected.156,000 jobs were added in August, which is lower than the 170,000 to 180,000 most analysts had predicted. Also, the past two months were adjusted lower for a loss of 41,000 jobs from prior reports. This report, however, remains within the range of what the trend in job growth has been for the past 12 months. Overall, hir...
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