American employers added just 96,000 jobs in August, the Labor Department reported Friday. The unemployment rate fell to 8.1 percent as the economy slogged along for the 43rd month in a row with joblessness above 8 percent.
Economists had expected an addition of 125,000 total nonfarm jobs in August, and the unemployment rate to be unchanged at 8.3 percent. The unemployment rate declined in August by two-tenths of a percent because more people left the labor force.
"Some workers who have...Full Story