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U.S. self-employed persons in August to 8 years minimum

Sina Finance

YORK Sept. 4 morning news, the Labor Department report released Friday, in August the number of U.S. self-employed dropped to its lowest level since 8 years, indicating the strength of economic recovery process is still not enough cultivate new business.

report shows that in August the number of U.S. self-employed 868 people, the highest since January 2002 the lowest level since more than in December 2006 touched a record level of 998 million people by 13 %. The latest U.S. economic recession began in December 2007.

earlier today, according to the Labor Department released employment report showed the U.S. private sector in August non-farm employment increased by 6.7 million, 10.7 million less than last month's increase, but beyond Economists had expected; total employment fell by 5.4 million people. The report also shows that in August the unemployment rate in July from 9.5% to 9.6%, the first increase in four months, because 55 million Americans enter the workforce.

Credit Suisse First Boston (Credit Suisse FirstBoston) in New York economists, Jonathan - Basile (Jonathan Basile), said: "For to create a business, the current environment is not good. the private sector is facing many negative factors, and these negative factors will continue for some time. "(civil and military)

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