Figaro
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- Jul 23, 2014
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Hiring slowed significantly in the United States in August, as employers added only 142,000 jobs, a disappointing setback for an economic expansion that has been gaining steam for most of this year. The data came in far below the 200,000-plus jobs that many economists had expected - and that had been the norm over the past six months. The slower pace of hiring may be evidence that the economy is not quite as strong as many people have thought.
Drop in the unemployment rate may be due to the fact that 268,000 Americans stopped looking for job. So they left the ranks of the economically active population, which is counted in official unemployment statistics. The number of "missing workers" has increased in August to 5.91 million people. As a result, the level of economic activity had fallen to 62.8%, becoming the lowest level in past 3,5 decades
We should wait new immigrant wave
Drop in the unemployment rate may be due to the fact that 268,000 Americans stopped looking for job. So they left the ranks of the economically active population, which is counted in official unemployment statistics. The number of "missing workers" has increased in August to 5.91 million people. As a result, the level of economic activity had fallen to 62.8%, becoming the lowest level in past 3,5 decades
We should wait new immigrant wave