Unemployment falls slightly as 59,000 net jobs created in August

Unemployment falls slightly as 59,000 net jobs created in August

9 September, 2013


More people working part-time helped ’s economy grind out 59,000 jobs in August, reported Friday, about triple what most economists had expected.

The consensus had called for the economy to have created about 20,000 jobs in August.

The better-than-expected gains offset a small uptick in workforce participation, bringing the national jobless rate to 7.1 per cent in August from 7.2 per cent the previous month.

But the underlying trends troubled economists.

Read full article at My Daily Career News

 

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