August Jobs Report Not So Bad, Private Sector Adds 67,000 Jobs
Well, jobs didn't exactly make a comeback in August, as employment continued to slip for a third straight month. But nonfarm payrolls suprised, falling 54,000 instead of the expected 100,000, according to Reuters.
Private employment also added more jobs than analysts expected coming in at 67,000 new positions, compared to analysts' expectations of 41,000, according to Reuters estimates.
Could have been worse, I guess.
- Fewer US Jobs Lost in August; Private Hiring Beats Forecasts (CNBC.com)