The U.S. unemployment rate ticked down to 7.3 percent in August and the economy added 169,000 jobs, according to the latest data from the Labor Department. The unemployment rate was 7.4 percent in July.
The slight decrease is mostly credited to fewer people looking for work.
The Labor Department also said not as many people found work in June and July as
originally recorded. It revised the number of jobs added down to 104,000
from 162,000 for July. June's number was also revised to 172,000 from