USA

US Unemployment Falls to 7.3 Percent, But Hiring Pace Slowsi
X
September 07, 2013 3:21 AM
Slower than expected jobs growth in August is likely to weigh on the U.S. central bank’s decision to scale back its monetary stimulus program. U.S. unemployment fell to 7.3 percent in August, the lowest in nearly five years. The Bureau of Labor Statistics says even though 169,000 jobs were added in August, fewer jobs were added in June and July than previously thought. Mil Arcega reports from Washington.

US Unemployment Falls to 7.3 Percent, But Hiring Pace Slows

Published September 06, 2013

Slower than expected jobs growth in August is likely to weigh on the U.S. central bank’s decision to scale back its monetary stimulus program. U.S. unemployment fell to 7.3 percent in August, the lowest in nearly five years. The Bureau of Labor Statistics says even though 169,000 jobs were added in August, fewer jobs were added in June and July than previously thought. Mil Arcega reports from Washington.


You May Like

Video Falling Gas Prices Impact US Oil Extraction

With the price of oil now less than $80 a barrel, motorists throughout the US are seeing gas prices dip below $3 a gallon More

Afghan Women's Soccer Team Building for the Future

A four-team female league was recently set up in Kabul; It will help identify players for the national team More

Video Koreas on Edge Amid Live-fire Drills

Pyongyang threatens nuclear test as joint US, S. Korean exercises show forces’ capabilities More