Unemployment Rate Edges Lower as Economy Adds 173K Jobs in August - East Idaho News
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Unemployment Rate Edges Lower as Economy Adds 173K Jobs in August

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getty 090415 jobopps?  SQUARESPACE CACHEVERSION=1441370459074YinYang/Getty Images(WASHINGTON) — Unemployment creeps lower, but the number of jobs added seems to have missed the mark over the last month.

The U.S. unemployment rate edged down to 5.1 percent as employers added only 173,000 jobs in August, according to the latest data from the Labor Department. The number of jobs added was much lower than economists had anticipated.

[See the full report here.]

The major job gains for August occurred in health care, social assistance and in financial activities, while manufacturing and mining lost jobs.

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