Tuesday, September 6, 2011
US Job Growth Grinds to a Halt in August
VOAVideo: US Job Growth Grinds to a Halt in August
US job growth ground to a halt in August as government layoffs erased meager gains in the private sector. The Labor Department says American businesses added only 17,000 jobs last month, far short of the 100,000 jobs analysts were expecting. To make matters worse, cuts in state and federal employment offset those gains. The net result - zero jobs added in August.