Businesses shed 51,000 jobs in August; unemployment rate up to 5.7% and there is further softening in online advertised job vacancies in July, The Conference Board Reports. The Myth of a Talent Shortage, by Kevin Wheeler. Don’t ask illegal questions in job seeker’s interview.

The Labor Department reported today another 62,000 jobs lost in June, while the unemployment rate unexpectedly remained at a 4 year high of 5.5%. This is the sixth consecutive decline. Full coverage: Business Week MarketWatch Investment News The Fed will see the July jobs report before its next policy meeting on Aug. 5.