Economy added 96,000 jobs in August, unemployment falls to 8.1%
September 7th, 2012
08:33 AM ET
11 years ago

Economy added 96,000 jobs in August, unemployment falls to 8.1%

NEW YORK (CNNMoney) - The labor market lost momentum last month as job growth fell to a disappointingly slow pace.

The unemployment rate fell, but that was largely due to people who stopped looking for jobs.

FULL STORY

Filed under: Jobs
soundoff (32 Responses)
  1. Fair is Fair

    Heckuva job, Barry... one heckuva job.

    September 7, 2012 09:50 am at 9:50 am |
  2. Denny

    The administration can play with the numbers all they want but we the people know it's worse than what they report. I live on Cape Cod, a tourist area, where people from all over the country, who have a little extra to go on vacation, are binging their own food and not spending on anything extra. All around us small proprietor businesses are going under. These are businesses who employed a few people and supported themselves nicely. No reliance on government, just got along nicely. Things are getting worse and we better face it, it's time for a real change, someone new. Just sayin.

    September 7, 2012 10:05 am at 10:05 am |
  3. insight iowa

    I would like Republicans to explain to me how the "TRICKEL DOWN ECONOMICS" are working for you!! Are you feeling warm and fuzzy all over!! The Republicans are the ones making you JOB Promises that aren't kept as they continue to kill out the "middle class" of America .... Straight Democratic Ticket Nov. 6th!!!

    September 7, 2012 10:08 am at 10:08 am |
  4. Bessy

    Sounds good to me. Wait and see what happens after the election when President Obama is re-elected.

    September 7, 2012 10:08 am at 10:08 am |
  5. Larry IN Houston

    LOL – – – – 8.1% huh ? (from 8.3%) LOL – – – well, all I can say is this : he will make history allright – IF he gets re-elected – the ONLY other one that had an employment rate That High and got re-elected was FDR, and there wasn't the internet , T.V. (like today's t.v.) & etc. (Radio and the newspapers was the big communicator way back then)
    If obama doesn't wake up the 18 – 35 year olds, And the Female Vote, I'm tellin you he's sunk.
    Vote Democrat – 2012 ( for the working middle class)

    September 7, 2012 10:18 am at 10:18 am |
  6. Bmike

    Who's to say why theses companies aren't hiring..maybe their waiting to see if Obama loses they'd like that strip regulations no health insurance for employees..keep the pay rate low...Robme is our man...he'll save us millions...as if they need it....crooks the 1 percent..

    September 7, 2012 10:18 am at 10:18 am |
  7. Gurgyl

    ......GOP don't worry, Obama wins, still we will remain world leader and capitalistic nation. Stocks are holding up–it is a proof we are in Right Direction. Obama12.

    September 7, 2012 10:22 am at 10:22 am |
1 2