Unemployment Rate Rises to 9.6 Percent as Labor Force Expands
Flathead Beacon Headlines
September 03, 2010 8:00 AM
WASHINGTON – The unemployment rate rose in August for the first time in four months as weak hiring by private employers wasn't enough to keep pace with a large increase in the number of people looking for work.
The Labor Department says companies added a net total 67,000 new jobs last month, down from July's upwardly revised total of 107,000. Wall Street analysts expected a smaller gain, according to Thomson Reuters.