WASHINGTON (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.
The Labor Department says companies added a net total 67,000 new
jobs last month, down from July's upwardly revised total of
107,000. Wall Street analysts expected a smaller gain, according to
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 percent from 9.5
percent 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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