US Bureau of Labor Data Shows Hiring Slows in August

As reported by the Center for American Progress (CAP), hiring in the United States slowed dramatically in August, according to the Center’s analysis of new data released by the Bureau of Labor Statistics.  As described by the Center,

This provides a sobering reminder that—despite 47 straight months of job gains—the labor market is not yet creating enough jobs for all who want work, nor quality jobs that lead to a middle-class livelihood.  Private employers added 134,000 jobs in August, while the public sector added another 8,000 jobs. Headline unemployment ticked down 0.1 percentage points to 6.1 percent, but this decrease was due to fewer people actively looking for work rather than an actual increase in employment.

For more information, see the full story from the Center for American Progress, or see the report at the US Bureau of Labor Statistics.