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

Americans Celebrate Thanksgiving With Feasts, Festivities

Holiday traditions include turkey dinners, 'turkey trots,' American-style football and New York parade with giant balloons More

Video For Obama, Ferguson Violence is a Personal Issue

With two years left in term, analysts say, president has less to lose by taking conversation on race further More

Video Italian Espresso Expands Into Space

When Italian astronaut Samantha Cristoforetti headed for the ISS, her countrymen worried how she would survive six months drinking only instant coffee More