Daily Tickr: New Jobs at 96,000, Missing Expectations; Rate Hits 8.1%

September 7, 2012

Daily Tickr: New Jobs at 96,000, Missing Expectations; Rate Hits 8.1%

Employment growth remained weak in August, with just 96,000 new positions created but the unemployment rate dropped to 8.1 percent, according to a report that raises the possibility of more Federal Reserve easing. The decline in the jobless rate, from 8.3 percent in July, came primarily because the labor force participation rate fell to 63.5 percent, its worst level in more than 30 years.

Via CNBC

The Daily Tickr is a collection of some of the more interesting stories that are trending on the internet. We provide a brief synopsis, and link out to the original article.

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About Maro Onokpise

Maro Onokpise is the founder and Editor of Jobtrakr. He oversees all editorial content. Prior to turning his sights on the job industry, Maro was an Associate Manager for Banana Republic where he was responsible for Operations, HR and Recruiting. In 2010 Maro was featured on the cover of Career Magazine and was also named to Orlando Business Journal's 40 Under 40. Maro Onokpise is a graduate of the University of Central Florida.

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