US economy creates 'lower than expected' 96,000 jobs in August
London, Sep 8 (ANI): The American economy may have created 96,000 jobs in August, but the figure was lower
than the expected number, 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
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. (ANI)
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