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US economy adds 96K jobs, rate falls to 8.1 pct.

Unemployment

U.S. employers added 96,000 jobs last month, a weak figure that could slow any momentum President Barack Obama hoped to gain from his speech to the Democratic National Convention. The unemployment rate fell to 8.1 percent from 8.3 percent in July, but only because more people gave up looking for work. The government only counts people as unemployed if they are actively searching.

Senh: Bad news, good news. At least unemployment dropped.

 

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