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Unemployment rate little changed at 7.3%

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Nonfarm payroll employment increased by 169,000 in August, according to data released Friday morning by the Bureau of Labor Statistics.

The nation’s unemployment rate was 7.3%, compared to 7.4% in the previous month. The employment-population ratio held at 58.6%, essentially unchanged.

Employment in the construction industry also showed little or no change in August, according to the bureau.

The full report can be found here.

 


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