Unemployment Drops To Lowest Rate Since April Of 2008

The economy added 173,000 jobs in August while the unemployment rate fell to 5.1 percent, according to the latest data from the Bureau of Labor Statistics. Analysts had expected 220,000 jobs to be added. That’s the lowest unemployment rate since March of 2008. August jobs reports are frequently unreliable, however, and tend to get revised upward …

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