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Asked Sunday whether the nation’s true unemployment rate was close to 25%, Treasury Secretary Steven Mnuchin responded, “we could be.”
The Labor Department says U.S. employers added 130,000 jobs in August, fewer than private analysts had expected. The unemployment rate was unchanged at 3.7%.
The departure follows scrutiny over his role in a plea deal as a U.S. attorney in 2008. The agreement eased punishment for multimillionaire Jeffrey Epstein for alleged sex crimes.