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US economy creates a low 96,000 jobs in August | The American economy has created 96,000 jobs in August. But the figure is said to be lower than expected, analysts have said. A report by the Bureau of Labor Statistics in the United States, which reported about the 96,000 jobs, also claimed that revisions to the June and July data meant that 41,000 fewer jobs were created than previously reported,
BBC reports.
Analysts had expected non-farm payrolls to grow by 125,000 last
month.
The bureau said cited that the unemployment rate fell to 8.1%, compared with
8.3% in July, but only because more
people gave up looking for work.
Employment
increased in food services and drinking places, professional and technical services and
healthcare during
August, the Bureau said.
The bureau also claimed that the employment
growth has averaged 139,000 a month in 2012, compared with an
average monthly gain of
153,000 in 2011.
The weak figures could put pressure on President Barack Obama in his
re-election campaign, given than rival Mitt
Romney has put jobs at the centre of the national
debate, the report said.
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