September 2013 Current Events: Business News
Here are the key events in business news for the month of September 2013.
Weak Job Report Raises Doubts (Sept. 6): According to the Labor Department, 169,000 jobs are added in August, slightly less than the monthly average over the last year. Meanwhile, unemployment decreases from 7.4 percent in July to 7.3 percent in August. However, unemployment continues to decrease for the wrong reason, because more people have dropped out of the labor force, and not because they have found jobs. Adding to the uncertainty, job growth estimates for July and June are revised to be less than what they were originally reported.