Thursday, September 20, 2012

New Jobless Claims Report Shows Businesses Aren’t Hiring.....

Employers added a paltry 96,000 jobs last month, 9,000 of which were striking utilities workers returning to work, below the 141,000 in July and much lower than the average 226,000 added in the first three months of the year. Recent job gains are barely enough to keep up with the growth of the working age population and aren’t enough to rapidly drive down unemployment.

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