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Friday, September 04, 2015

Someone peeked: U.S. gains 173,000 jobs in August; unemployment 5.1%


U.S. gains 173,000 jobs in August; unemployment 5.1% ( Big miss )

 The U.S. economy created a modest 173,000 new jobs in August to mark the smallest gain in five months, but the unemployment rate fell to 5.1% from 5.3%, the government said Friday. That's the lowest level since April 2008. Economists polled by MarketWatch had expected a gain of 213,000 nonfarm jobs. On the more positive side, employment gains for July and June were revised up by a combined 44,000. The Labor Department said 245,000 new jobs were created in July instead of 215,000. June's gain was revised up to 245,000 from 231,000.

 And they gamed the Unemployment number wow!! such bullshit coming from these hacks.

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