Payrolls U.S. Rise 169,000; Jobless Rate at 7.3%

Payrolls U.S. Rise 169,000; Jobless Rate at 7.3% Play

Sept. 6 (Bloomberg) -- Payrolls in the U.S. climbed less than projected in August after smaller gains the prior two months and the unemployment rate unexpectedly fell as more people left the labor force. The gain of 169,000 workers last month followed a revised 104,000 rise in July that was smaller than initially estimated, Labor Department figures showed today in Washington. Unemployment dropped to 7.3 percent, the lowest since December 2008. Peter Cook reports on Bloomberg Television's "In the Loop." Source: Bloomberg)

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