Friday, September 7, 2012

Jobless Wrap-Up for August

Today the Bureau of Labor Statistics came out with its August job numbers.

Clinton: "This election to me is about which candidate is more likely to return us to full employment."

Here's a wrap-up of the best headlines (Kudos to the Drudge Report for some of these.):

The unemployment rate for August is 8.1 percent, Yahoo Finance reports.

A record 88.9 million Americans are not in the workforce, reports.

The real unemployment rate for June is 15 percent says Sen. Bernie Sanders (I-Vt.), yours truly reports for

Black unemployment remains at 14.1 percent, reports.

Low-wage job
s add the most jobs in the past year, Zerohedge reports. Jokes: Tomorrow's Pravda Today headline: "UNEMPLOYMENT RATE PLUNGES"

Confirmation: A study says that the majority of new jobs pay low wages, the New York Times reports.

Two charts show that President Obama is the worst among job creators, The Goins Report compiles the sources.

Related: Taxing Millionaires Won't Fix the Economy, CBS News reports. The rich aren't getting richer, reports--they're getting poorer. Marketwatch reports that college graduates are taking jobs that require no degree.

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