Net job growth zero in August

For the first time since 1945, non-farm payrolls recorded a net growth rate of zero, according to the Labor Department, which recently released employment figures for the month of August.

The report also found that the unemployment rate held at 9.1 percent.

"August was a pretty rough month for the economy," Ryan Sweet, a senior economist at Moody's Analytics, told MSNBC. "We saw financial markets tighten. I think businesses sort of responded by putting hiring on the back burner."

Approximately 14 million people in the U.S. are out of work, according to the Labor Department.

While unemployed consumers can find it difficult to maintain their finances, those who have full-time jobs may be having money troubles as well, given the frail state of the economy. The last thing employed consumers need is a problematic or questionable item on their credit report hindering their ability to borrow at a low interest rate. Credit repair companies may be able to help consumers raise their scores should they find erroneous notations.