Weak Job Figures Indicate More Americans Giving Up On Search
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The latest figures from the U.S. Labor Department show more Americans are giving up on the job hunt.
During the month of August the unemployment rate fell to 8.1 percent from 8.3 percent in July.
That was largely because more people gave up looking for work.
What's your reaction to the drop in the unemployment rate? How important is job creation when deciding who you will vote for in November? If you've been looking for work, what's the job market been like lately? Read New Yorkers' thoughts.
U.S. employers added 96,000 jobs in August, offering a small improvement in the private sector.
The weak figures could cast a dark cloud over any momentum President Barack Obama gained from his speech to the Democratic National Convention.
His opponent Mitt Romney released a statement shortly after the numbers were released saying the report is a sign President Obama's policies are not working.