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US Economy Adds Fewer Jobs Than Expected, Unemployment Falls to 6.1 Percent

U.S. job growth slowed sharply last month with employers adding only 142,000 jobs in August. That’s well below analyst expectations of more than 200,000 new hires. But the disappointing job numbers had little impact on investors as Wall Street largely ignored the monthly employment data. Others saw it as just another blip on the long road to recovery. For some job seekers, August was not a good month. Hiring fell to the slowest pace in eight months, and the previous estimate for...

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