Unemployment Rate Falls to 8.1% as 96K Jobs Added in August


0  Updated at 11:08 am, September 7th, 2012 By: ABC Digital
Share This Story

Tim Boyle/Getty Images(WASHINGTON) — U.S. employers added 96,000 jobs to their payrolls last month, falling short of expectations, the Labor Department reported Friday morning.  

Economists had expected to see around 125,000 jobs added in August.

The government also revised the number of jobs added in June and July, reducing the total by 41,000.

The unemployment rate, meanwhile, fell to 8.1 percent.  Economists predicted it would have remained unchanged at 8.3 percent.

August marks the 43rd month in a row the economy has slogged along with joblessness above 8 percent.

 Copyright 2012 ABC News Radio

Stories You May Be Interested In:

Disney parks are getting pricier

11 Feb 2017

Jackie Wattles, CNN