U.S. Added 96,000 Jobs in August

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.