First time since 1945. Employment growth ground to a halt in August, as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the struggling economy. Nonfarm payrolls were unchanged last month, the Labor Department said Friday. It was the first time since 1945 ... MOREU.S. Economy Creates No Jobs in August
First time since 1945. Employment growth ground to a halt in August, as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the struggling economy. Nonfarm payrolls were unchanged last month, the Labor Department said Friday. It was the first time since 1945 ... MORE