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09-03-2010, 06:07 PM #1
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Unemployment rate rises: Economy Lost 54,000 jobs
Unemployment rate rises
By GOPUSA Staff
September 3, 2010 7:44 AM
More bad news for the clueless Obama administration.
Overall, the economy lost 54,000 jobs as 114,000 temporary census positions came to an end. State and local governments shed 10,000 positions. The jobless rate rose to 9.6 percent from 9.5 percent in July.
More than a half-million Americans resumed their job searches in August, which drove up the jobless rate. When the unemployed stop looking for work, they are no longer counted in the jobless rate.
Read the rest... http://www.gopusa.com/intheloop/2010/09 ... -rises.php
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