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U.S. Unemployment At 9.6%


By

Jen Chung

Published Sep 3, 2010

Modified Sep 3, 2010


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By

Jen Chung

Published Sep 3, 2010

Modified Sep 3, 2010


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According to CNBC, "U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth. Nonfarm payrolls fell by 54,000, the Labor Department said Friday as temporary jobs to conduct the decennial census dropped by 114,000." The NY Times adds, "state and local governments, many of them grappling with severe budget deficits, cut 10,000 jobs last month."

Tagged

jobless claims

jobs

jobs data

Unemployment


Jen Chung

Jen Chung is a former WNYC and Gothamist editor.

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Gothamist is funded by sponsors and member donations


Gothamist is funded by sponsors and member donations


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