Zero U.S. jobs added in August
Obama to address nation next week
Here at Maclean's, we appreciate the written word. And we appreciate you, the reader. We are always looking for ways to create a better user experience for you and wanted to try out a new functionality that provides you with a reading experience in which the words and fonts take centre stage. We believe you'll appreciate the clean, white layout as you read our feature articles. But we don't want to force it on you and it's completely optional. Click "View in Clean Reading Mode" on any article if you want to try it out. Once there, you can click "Go back to regular view" at the top or bottom of the article to return to the regular layout.
According to key non-farm payroll figures from the U.S. Department of Labor, no new net jobs were added by the U.S. economy in August. This marks the first time since 1945 that the US has experienced a zero payrolls figure. The August number was much lower than anticipated (the predicated figure was approximately 70,000 new jobs) and the unemployment rate has remained stagnant since July, at 9.1 per cent. President Obama will deliver a speech next Thursday outlining a new agenda for increasing growth and creating jobs.
BBC News
