Economy added 173,000 jobs in August

September 4, 2015 1:50 PM

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The economy added 173,000 jobs in August, the Labor Department reported Friday, down from July's increase of 245,000 jobs.

The unfavorable jobs numbers for August contrasted with highly favorable new job-growth estimates for June and July, which were revised upward to 245,000 from earlier estimates of 231,000 and 215,000, respectively. Combined with recent favorable numbers for Gross Domestic Product and productivity, a...

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