The Blog

Zero Net Jobs Created in August

8:55 AM, Sep 2, 2011 • By DANIEL HALPER
Widget tooltip
Single Page Print Larger Text Smaller Text Alerts

CNBC reports

The US economy created no jobs and the unemployment rate held steadily higher at 9.1 percent in August, fueling concerns that the US is heading for another recession.

It was the first time since World War II that the economy had a net zero jobs created for a month.

Recent Blog Posts