NEW YORK (CNNMoney.com) — Business hiring is picking up, but not enough to make up for the massive losses of temporary government jobs.The economy lost a total of 54,000 jobs in August, the Labor Department reported Friday.
Businesses added 67,000 jobs to their payrolls in August. Economists had forecast a smaller gain of 44,000 jobs. It marked the eighth straight month that businesses added jobs, following nearly two straight years of job losses.
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