The U.S. Department of Labor's Bureau of Labor Statistics released the August jobs report on Friday. The U.S. gained approximately 96,000 jobs in July, dipping the national unemployment rate to 8.1 percent.
Both Republican presidential candidate Mitt Romney and President Barack Obama were quick to use the report to try and bolster their individual campaigns. Obama told a crowd of supporters at a planned campaign stop in New Hampshire on Friday that the sluggish job growth throughout his term hasn't been "good enough," as quoted by CBS News, and touted his plan for economic improvement. Meanwhile, the Los Angeles Times and other media outlets quoted a statement released by Romney before a campaign stop in Iowa, where he referred to the jobs report as the "hangover" after Obama's convention speech Thursday evening.
Here are some of the key numbers to come out of the latest jobs report and economic polling.
120,000: The number of jobs that economists had predicted would be added to the U.S. job market prior to the Bureau of Labor Statistics report on Friday, according to a poll by CNN Money.
150,000: The number of jobs that the U.S. economy needs to add each month just to keep up with population growth.
0.2: The percentage dip that the unemployment rate took between July and August, according to the Bureau of Labor Statistics. July's unemployment rate was 8.3 percent.
5.0: The number of people, in millions, that are labeled as "long-term unemployed," meaning that they have been unemployed for 27 weeks or more. This number currently represents approximately 40 percent of the total number of people unemployed in the United States.
63.5: The percentage of Americans who are active participants in the labor force, either working or looking for work. This number is on the decline, according to the Bureau of Labor Statistics, with some 400,000 people reportedly choosing to stop looking for work last month. The Bureau stated in its August report that this effect accounted for much of the dip in the national unemployment rate this time around.
16 to 24: The age group that had the most workers leave the labor force last month, according to the Bureau of Labor Statistics report for August.
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