According to CNBC, "U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth. Nonfarm payrolls fell by 54,000, the Labor Department said Friday as temporary jobs to conduct the decennial census dropped by 114,000." The NY Times adds, "state and local governments, many of them grappling with severe budget deficits, cut 10,000 jobs last month."