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NEW YORK (CNNMoney) — Everyone in Congress says they want to help create jobs and economic growth.
But federal agencies and government contractors in the private sector, which actually hire people, may find that ironic. They are still in the dark about future funding levels because lawmakers have not said whether they will replace heavy-handed automatic spending cuts set to take effect next year.
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NEW YORK (CNNMoney) — So much for getting Labor Day weekend off to a good start. The economy added no jobs in August, the Labor Department said Friday.
Zero, zilch, nada.
Meanwhile, the unemployment rate remained at 9.1%. “We expected a weak report, and what we got was even weaker,” said Patrick O’Keefe, director of economic research at J.H. Cohn.
Read the entire article at CNNMoney.com
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