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 On The Scene: In Ethiopia, 'Are You a Journalist?' Is a Loaded Question

VOA's Anita Powell describes the difficulties faced by reporters in fully conveying the story in a country where people are reticent to share their true opinions More

Nigerians Await New President With High Hopes

When pomp and circumstance of inauguration end in Abuja, Buhari will sit down to the hard task of governing Nigeria More

India's Restrictions on Several NGOs Raise Concerns

Political analysts link recent clampdown on advocacy groups to report last year that said foreign-funded NGO’s negatively impact economic development More