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, CNSNews.com reports.

The real unemployment rate for June is 15 percent says Sen. Bernie Sanders (I-Vt.), yours truly reports for Politic365.com.

Black unemployment remains at 14.1 percent, Politic365.com reports.

Low-wage jobs 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, CNBC.com reports--they're getting poorer. Marketwatch reports that college graduates are taking jobs that require no degree.

College Students Taking Jobs That Require No Degree

After four years of college, many graduates are ending up in jobs that only require the ability to operate a cash register with a smile.

After commencement, a growing number young people say they have no choice but to take low-skilled jobs, according to a survey released this week. And while 63% of “Generation Y” workers — those age 18 to 29 — have a bachelor’s degree, the majority of the jobs taken by graduates don’t require one, according to an online survey of 500,000 young workers carried out between July 2011 and July 2012 by PayScale.com, a company that collects data on salaries.

Trading caps and gowns for mops || MarketWatch