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