Jobs Report Falls Flat

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Friday, September 2, 2011 - 8:44am

Latest numbers show no change in unemployment.

The country's unemployment rate remained unchanged in August.

Employers added no net jobs last month.

According to the Labor Department, the unemployment rate remains at 9.1 percent.

It's the weakest report in almost a year and the first time since February 1945 the government has reported a net job change of zero.

Only 17,000 jobs were added in the private sector, the fewest since February 2010.

In addition, manufacturers, retailers, transportation and construction companies all cut jobs last month.

According to the Labor Department, people who have been unemployed for 27 weeks or more account for almost 43-percent of the country's unemployed.
 

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