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Politics : Politics for Pros- moderated

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From: LindyBill9/2/2005 9:09:15 AM
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JOBS, PRE KATRINA [Kathryn Jean Lopez]

WASHINGTON (Reuters) - U.S. employers added 169,000 workers to their payrolls last month and the jobless rate fell unexpectedly to 4.9 percent, its lowest level since August 2001, a reminder of the economy's vigor before Hurricane Katrina slammed into the Gulf Coast.

While August's job-creation tally fell slightly short of the 190,000 gain expected by Wall Street, the Labor Department said Friday job growth in June and July was stronger than previously thought, bumping up the tally for those two months by a combined 44,000.
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