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September 07, 2012


Another Mediocre Jobs Report

The U.S. economy added 96,000 jobs in August, fewer than the 125,000 expected and signaling a slack recovery, the Wall Street Journal reports.

The unemployment rate fell to 8.1%, mainly because of a shrinking work force.

Alex Burns: "The political impact of the report may depend on which statistic voters find more compelling: the weak number of jobs created or the reduced overall jobless rate. Or the report may have no political impact at all, since it doesn't change what voters already know about the state of their economy."














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