Economy added 169k jobs in August as the recovery grinds along

By Ylan Q. Mui, Washington Post

The U.S. economy added a disappointing 169,000 jobs last month, according to government data released Friday, a grinding pace that could alter the Federal Reserve’s plans to pull back on its stimulus program.

The Labor Department’s monthly estimate of hiring was weaker than many analysts had expected and offered little clarity about the direction of the economy. Although the unemployment rate dipped slightly to 7.3 percent, the drop was the result of people leaving the work force. The report marked the lowest labor force participation rate since 1978.

Click HERE to read the full story.

[Photo by andjohan]

 

Subscribe today!

  • This field is for validation purposes and should be left unchanged.

Must Read

U.S. citizen detained overnight by ICE – they thought he was undocumented

Victor Landa July 6, 2017

By Victor Landa, NewsTaco (1.5 minute read)  This is startling news. Up until last night at a dinner conversation I believed that the idea that an American citizen would be […]

The moment Florida cops pull over an Afro-Latina and find she’s the State Attorney

Victor Landa July 13, 2017

By Victor Landa, NewsTaco Patrol cops in  Orlando, Florida, stopped a white sedan recently becasue they ran the tags and didn’t get a return, plus, the tint on the windows […]

Vietnam War veteran fears he could be deported

Victor Landa July 7, 2017

*This Vietnam veteran, born in Mexico, was awarded two Purple Hearts and given U.S. citizenship after his service. He’s misplaced his documents and after paying $345 the government wants more […]

Ted Cruz gets an earful in McAllen for July 4

Victor Landa July 5, 2017

*I’m posting this because it was mostly Latinos, organizing, protesting, making their voices heard. Everyone needs to know that Latinos in deep South Texas are standing up. VL By Patrick […]

Henry Cisneros: Why Can’t Americans See Latinos Are Country’s ‘Saving Grace’?

Victor Landa July 7, 2017

*Good question. I think it’s because we’re not the ones telling our story. We need to fight for our narrative. VL By Suzanne Gamboa, NBC News (1.5 minute read)  SAN […]

Remembering Gus Garcia, Mexican-American Civil Rights Pioneer

Victor Landa July 27, 2017

By Raul A. Reyes, NBC News (7.5 minute read)   In his heyday, Gus Garcia cut a dashing figure in Texas legal and social circles. He was a key member […]

Cornbread: A Texas Mexican Recipe

Victor Landa June 30, 2017

What is NewsTaco? NewsTaco provides innovative and insightful news, critique, analysis and opinion from a Latino perspective in a 24-hour world. We value feedback from our readers, feel free to […]

Texas High Schoolers Rise Against Anti-Immigrant SB 4 Law

Victor Landa July 15, 2017

By Viri Sanchez and Karla Quinones  (2.5 minute read) Four months ago, on February 16, thousands of high school students across Texas joined in a collective effort to stand up […]