9/2/11, "No jobs added in August," CNN Money, by Hiring slammed to a complete halt in August as several fresh challenges put the American economy in turmoil.
Employers added no jobs during the month and the unemployment rate remained at 9.1%, the Labor Department said Friday.
The report was partially distorted by 22,000 state workers in Minnesota returning to work after a temporary government shutdown in July, as well as 45,000 Verizon workers on strike in August.
Those effects made it hard to compare the August jobs number to the 85,000 jobs gained in July."...
(Note AP article below saying June and July jobs revised downward by 57,000) ed.
(continuing): "A CNNMoney survey of 21 economists had predicted the economy would add 75,000 jobs in August....
The White House said yesterday that it predicts the unemployment rate will remain stubbornly high, not falling below 6% until 2017."
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9/2/11, "Employers add no net jobs in Aug.; rate unchanged," AP, Rugaber
"It's the first time since February 1945 that the government has reported a net job change of zero. The unemployment rate stayed at 9.1 percent....Job gains in June and July were revised lower, to show 57,000 fewer jobs added. The downward revisions were all in government jobs. The average work week also declined and hourly earnings fell by 3 cents to $23.09."...
via WZ, Hot Air
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