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Saturday, September 5, 2015

USA Jobless Rate of 5.1% - Lowest in 7 Years

The American economy added 173,000 jobs in August, the Bureau of Labor Statistics reported Friday Sep 04,2015

It's a definite downgrade from the 215,000 initially reported in July, and the 244,000 average of the past year.

The unemployment rate dropped to 5.1 %, while the labor force participation held steady for the third month in a row at 62.6 %.

Average hourly earnings rose 2.2 % from where they were a year ago

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