[Rhodes22-list] Facts for Slim - U.S. Jobless Rate Rose to 6.1% in August

[David Bradley]

Slim, you were looking for unemployment data the other day - here is
the news flash from the Wall Street Journal.

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NEWS ALERT
from The Wall Street Journal


Sept. 5, 2008

The U.S. jobless rate jumped in August to a nearly five-year high of
6.1%. Nonfarm payrolls, which are calculated by a separate survey,
declined by 84,000 in August, the eighth-straight decline.

The unemployment numbers raise the risk of recession as households
face a struggling labor market and high inflation. Meanwhile, the
data, which included a modest rise in wages, support the view that
Federal Reserve officials will hold interest rates steady when they
meet later this month and at subsequent meetings through the end of
the year.


FOR MORE INFORMATION, go to:
http://online.wsj.com/article/SB122061757763903639.html?mod=djemalert
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