U.S. August Payrolls, Jobless Rate

U.S. August Payrolls, Jobless Rate Play

Sept. 2 (Bloomberg) -- Employment in the U.S. unexpectedly stagnated in August and the jobless rate held at 9.1 percent. Payrolls were unchanged last month, the weakest reading since September 2010, Labor Department data showed today in Washington. The median forecast in a Bloomberg News survey called for a rise of 65,000. Peter Cook, Dominic Chu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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