August jobs report shows hiring down

The labor market lost momentum in August 2012 when only 96,000 jobs were added. But the unemployment rate unexpectedly fell. The weak job growth was seen as a negative sign for the struggling labor market.
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( September 7, 2012 )

The labor market lost momentum in August 2012 when only 96,000 jobs were added. But the unemployment rate unexpectedly fell. The weak job growth was seen as a negative sign for the struggling labor market.

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