The year's most anticipated employment figures to date provided very limited good news for job seekers and likely a limited impact on the election campaign.
Total nonfarm payroll employment rose by 96,000 in August, much lower than the 163,000 jobs created n July. The unemployment rate came in at 8.1 percent, down from July's 8.3 percent, according to Bureau of Labor Statistics released this morning.
That followed Thursday's data from the Labor Department showing 12,000 fewer first-time unemployment benefits claims in the week ending last Saturday. Initial claims totalled 365,000, down from the previous week's revised figure of 377,000.