Unemployment Rate Expected to Inch Up

By: CBS News
By: CBS News

Wall Street is waiting for the latest snapshot of the job market.
Analysts predict the economy added 75-thousand jobs last month.

But that's likely to be offset by the loss of 75-thousand temporary government census jobs.

The unemployment rate is expected to inch up to 9.7 percent.

A new report shows the job market is slowly healing.

The labor department says job openings rose in August for the second straight month.

The number of jobs advertised rose almost two percent, from 3.2 million.
That's the highest level since April, when temporary census hiring inflated that month's figure.

The gain could signal more hiring in the months to come.

Economists say more openings generally lead to hiring increases about 30 to 90 days later


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