August Jobs Report

There's just no getting around the bad news: August was a disappointing month for job seekers. The Labor Department reported that fewer than 100,000 jobs were created during the month, frustrating many job seekers who are worried that it may take even longer to find work. But it may not be all doom and ...

The unemployment rate dropped from 8.3 percent to 8.1 percent. Whoopee! My good cheer is sarcastic because the reason it dropped is nothing to celebrate. Quite the opposite: The unemployment rate only came down, according to today's Bureau of Labor Statistics report, because 368,000 people who'd been ...