KQED Nightly Business Report September 3, 2016
Us with more anticipation and hand wringing and questions because the data showed the rate of hiring slowed in august and did cast doubt on whether its enough for the fed to act. The economy added 151,000 new jobs last month. That was below the estimates of 180,000. And it was down more than from the 270,000 we saw in june and in july. By the way, the Unemployment Rate held steady at 4. 9 . Hampton pearson tells us what it all means. Reporter manufacturing and construction sectors lost a combined 20,000 jobs. Labor secretary thomas perez cited weak Global Expansion and the strong dollar as hea...