August Nonfarm Payrolls Decline 84k, Unemployment Rate at 6.1%

U.S. nonfarm payrolls declined for the eighth straight
month
, falling more than expected by a total of 84k jobs in
August, according to the Bureau of Labor Statistics on Friday. The
unemployment rate was pushed up four-tenths to 6.1% (6.055%), well above
expectations that it would remain at 5.7%.

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Original post by Darin

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