New York (CNNMoney.com) - Businesses are hiring, but not enough to make up for the massive losses of temporary government jobs.
The economy lost a total of 54,000 jobs in August, according to the Labor Department, matching the revised estimate of jobs lost in July.
The bulk of the losses came from the public sector, as the government cut 114,000 temporary census workers. It was the third straight month that census worker layoffs caused an overall decline in jobs.
But the report showed some improvements in the jobs picture. The overall losses were not as bad as expected, as economists surveyed by Briefing.com had predicted a loss of 120,000 jobs in the month.