The Labor Department's report, released Friday, shows the jobless rate jumped to 6.1% in August, from 5.7% in July. And, employers cut payrolls for the eighth month in a row. The figures are worse than economists were expecting; they were...

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U.S. unemployment rate rose to a five-year high of 6.1 percent in August as fears of a recession have grown, the Labor Department reported Friday. Employers cut their payrolls by 84,000 in July, the eighth straight month of nationwide job...
The Labor Department’s report, released Friday, shows the jobless rate jumped to 6.1 percent in August, from 5.7 percent in July. And, employers cut payrolls for the eighth month in a row. The figures are worse than economists were expecting; they...