Job growth for August exceeds expectations

Publish date
09/03/2010
Source
USA Today
Main Category
Economy - US
Article Summary

The U.S. Labor Department reports that the private sector added more jobs than expected in August.  According to the agency, the sector increased above the expected measure of 40,000 by 27,000.  As well, job losses for the month fell below the anticipated measure of 105,000 by 51,000.  However, the addition of 550,000 new workers to the labor pool increased the rate of unemployed by 0.1% to 9.6%.

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