US economy adds 96K jobs

By: Associated Press Email
By: Associated Press Email

U.S. employers added 96,000 jobs last month, a weak figure that could slow any momentum President Barack Obama hoped to gain from his speech to the Democratic National Convention.

The unemployment rate fell to 8.1 percent from 8.3 percent in July, but only because more people gave up looking for work. The government only counts people as unemployed if they are actively searching.

The Labor Department also says 41,000 fewer jobs were created in July and June than first estimated. The economy has added just 139,000 jobs a month since the beginning of the year, below 2011's average of 153,000.

The bleak report comes just two months before Election Day, and the economy is the top issue on most voters' minds.

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  • by Duh on Sep 7, 2012 at 08:12 AM
    When All Propaganda says that this is "weak" you can substitute the word "miserable" and get the true picture. In the words of Clint Eastwood.. “President Obama is the greatest hoax ever perpetrated on the American people.” And if you haven't seen this Jon Stewart - Daily Show clip, you must ..
    • reply
      by Anonymous on Sep 7, 2012 at 02:43 PM in reply to Duh
      I like one about that said Clint Eastwood: Do you think linking to selective fragments of Daily Show is helping your agenda?
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