US unemployment rate falls but less than expected

The US economy created an extra 96,000 jobs in August, fewer than expected.

It means unemployment has falled from 8.3% to 8.1%.

All eyes are on the performance of the US economy as the Presidential election campaign gears up.

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Jobs blow for Obama re-election

There was a slight blow for Barack Obama's re-election hopes as a fewer than expected 96,000 jobs were created in America last month. The US President told Americans last night that the path to economic recovery may be tough.