Employers added a disappointing 96,000 nonfarm jobs in August and the unemployment rate fell to 8.1% from July’s 8.3% as the size of the workforce continued to drop, according to a Labor Department report Friday…
The private sector added 103,000 jobs despite a loss of 13,000 manufacturing jobs. Federal, state and local governments cut 7,000 jobs
Economists’ consensus forecast had expected nonfarm job gains of 127,000, including 138,000 in the private sector, and 11,000 government losses… (more)
