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August's weak job growth appears to be anomaly, economists say
August's weak job growth appears to be anomaly, economists say

The disappointing 142,000 net new jobs added to the economy in August -– the second straight month of slower growth --  appears to be an anomaly and is not reason to panic that the recovery is faltering once again, economists said Friday. Although the Labor Department figures released Friday were the worst since December, it still was just one bad month after the best job-creation streak since the dot-com boom, they said. And, they noted, there are some key reasons why the August report might have understated the health of the labor market, such as a grocery store strike in New England and seasonal adjustment problems with auto manufacturers. “I don’t want to...

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