US sees 54,000 jobs lost in August
The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, Labor Department figures have shown.
As a result of the overall fall in job numbers, the unemployment rate rose to 9.6%, from 9.5% in July.
However, analysts welcomed news that the the private sector had created a better-than-expected 67,000 jobs.
Caroline Hepker reports.
03 Sep 2010
- From the section Business