Jobless Rate Worsens Less Than Expected

The nation's jobless rate worsened slightly last month, moving up to 9.6% from 9.5% in July, according to a government report issued Friday. Nonfarm payrolls decreased by 54,000. The decrease was due to U.S. Census cutbacks, while the private sector increased its payrolls by 67,000. Both July and June's private-sector job figures were upwardly [...]