us economic outlook september 6th 2011

Indonesia stock info ; us economic outlook september 6th 2011, us market forecast sept 6 2011 : The Labor Department reported that no jobs were added in the U.S. in August. It was the worst employment report in 11 months and renewed fears that another recession could be on the way.

The lack of hiring surprised investors. Economists expected 93,000 jobs to be added. Previously reported hiring figures for June and July were revised lower. The average work week declined, and hourly earnings fell. The unemployment rate held steady at 9.1 percent. The rate has been above 9 percent in all but two months since May 2009.

After GOP Responds to Unemployment Report, Obama Talks Jobs in Detroit
On Monday, President Obama talked about unemployment at a Labor Day rally in Detroit, Michigan. Obama’s comments on unemployment were made on the heels of a dismal August unemployment report. . Read More..

Obama says GOP must back US first, create jobs
President Barack Obama used a boisterous Labor Day rally to put congressional Republicans on the spot, challenging them to place the country's interests above all else and vote to create jobs and put the economy back on a path toward growth. "Show us what you've got," he said. Read More..

U.S. Chamber of Commerce spells out its own job agenda
Putting a business imprint on the debate over jobs, the U.S. Chamber of Commerce on Monday issued an open letter to Congress and to the White House calling for a series of measures designed to increase employment, Read More

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