1. Harsh

    U.S. Added 96,000 Jobs in August

    Sheila Bird, right, waits in line for employment interviews at a job fair at City Target in Los Angeles, Friday, Aug.  17 2012.  The seasonally adjusted unemployment rate in Los Angeles County remained unchanged at 11.2 percent in July compared with June, the state Employment Development Department announced Friday. (AP Photo/Nick Ut)

    Nick Ut / AP Photo

    The U.S. added a disappointing 96,000 jobs in August, lowering the unemployment rate slightly to 8.1 percent, the Bureau of Labor Statistics reported Friday. The U.S. needs to create roughly 125,000 jobs a month to keep the unemployment rate steady, and August's paltry numbers are a slide from the 141,000 added in July—and another disappointment after July's numbers were revised downward. Analysts said the slow growth sets the stage for the Federal Reserve to pump additional funds into the economy next week. The findings could come as a hit to President Obama two months before Election Day, as the economy has become a harsh reality in this election.

    Read it at The Daily Beast