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U.S. adds 96,000 jobs in August; unemployment rate drops to 8.1 percent

The nation’s pace of job creation unexpectedly slowed in August, according to government figures released Friday, raising expectations that the Federal Reserve will inject the flagging economy with its biggest stimulus initiative in two years.

Employers added just 96,000 jobs last month. And despite sitting on a pile of cash, companies said they continue to hold back on hiring in the face of fragile business conditions, slowing growth around the world and uncertain national policies.

http://www.washingtonpost.com/business/economy/us-adds-96k-jobs-in-august-unemployment-rate-drops-to-81-percent/2012/09/07/30374bfa-f8e9-11e1-8398-0327ab83ab91_story.html