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

Mugabe Dismisses Male-Female Equality

'It is not possible that women can be at par with men' incoming African Union president declares on eve of summit More

Somali Terror Suspect's Light Sentence Raises Questions

Abdullahi Yusuf, 18, could have spent 15 years in prison but judge instead sentenced him to a halfway house, and a program to try to integrate him back into the community More

Video Kobani Ravaged Following Kurdish Ouster of IS Militants

Even so, hundreds of refugees sheltering in Turkey seek to return; Kurdish forces hold some back, saying fighting continues More