WASHINGTON – The unemployment rate rose to 9.7 percent in August, the highest since June 1983, as employers eliminated a net total of 216,000 jobs.
Analysts expect businesses will be reluctant to hire until they are convinced the economy is on a firm path to recovery...
The recession has eliminated a net total of 6.9 million jobs since it began in December 2007. There are now 14.9 million Americans unemployed.
Job cuts remain widespread across many sectors. The construction industry lost 65,00 jobs. Factories cut 63,000, while retailers pared 9,600 positions. The financial sector eliminated 28,000 jobs, while professional and business services dropped 22,000. Even the government lost 18,000 jobs, as the U.S. Postal Service cut 8,500 positions.
Health care and educational services was the only bright spot, adding 52,000 jobs..." Leia mais
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