Tag Archives: august unemployment

While private companies add 17,000 jobs in August, those meager gains were cancelled by the loss of 17,000 government jobs in August, meaning the unemployment crisis continued. Zero, zilch, nil, no jobs were created during another month of inaction, which saw the U.S, Congress take an extended paid vacation as the U.S. economy limped along with an official – and hugely understated – unemployment rate of 9.1 %, according to data released today by the U.S. Bureau of Labor Statistics. This devastating unemployment rate has shown no change since last April. Continue reading →