The Federal Reserve might not have such an easy decision later this month on whether to slow its stimulus program of bond purchases. The government reports today that employers added 169,000 jobs in August and a much smaller number in July than had been thought. The slowdown in hiring could tempt the Fed to delay pulling back on the stimulus effort. The unemployment rate is down to 7.3 percent -- the lowest in nearly five years. But it's because more Americans stopped looking for work.
Posted Friday, September 6th 2013 @ 6am by KFBK News