Unemployment rate up
From USA TODAY / AP:
The unemployment rate rose in August for the first time in four months as weak hiring by private employers wasn’t enough to keep pace with a large increase in the number of people looking for work.
Overall, the economy lost 54,000 jobs as 114,000 temporary Census positions came to an end. State and local governments shed 10,000 positions. The jobless rate rose to 9.6% from 9.5% in July.
More than a half-million Americans resumed their job searches in August, which drove up the jobless rate. When the unemployed stop looking for work, they are no longer counted in the jobless rate…
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