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U.S. labor market added 162,000 jobs in August, unemployment rate unchanged
Headline from CBS News
The U.S. labor market grew by 162,000 jobs in August, according to a new report from the Bureau of Labor Statistics. CBS News business producer Emily Pandise has more.
CBS News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The August jobs report is expected to show a continuation of this summer’s soft hiring numbers, just one month after the labor market contracted by 23,000 jobs.
A jobs report on Friday is set to provide a key gauge of the U.S. economy as shoppers weather elevated inflation and central bankers weigh a possible interest rate hike.
The economy added 162,000 new payroll jobs in August, the Bureau of Labor Statistics reported Friday, as businesses shrugged off the energy supply shock from the war with Iran. The unemployment rate remained at 4.1%.
US employers added 162,000 jobs in August, above estimates of just 53,000 jobs and a loss of 23,000 the previous month, the Bureau of Labor Statistics said Friday.
Number of new jobs being added has been fluctuating, with private companies adding 38,000 jobs in August The US economy added 162,000 jobs in August, an uptick after a sluggish summer for the labor market. The unemployment rate held steady at 4.1%, still down from its most recent peak of 4.
Friday’s jobs report for August showed the economy adding a robust 162,000 jobs and the unemployment rate holding at 4.1%, both strong signs for the economy. But the headline numbers from the Bureau of Labor Statistics report don’t always tell the full story.
The U.S. economy added 162,000 jobs in August, according to new data released Friday by the Bureau of Labor Statistics (BLS). The unemployment rate remained unchanged at 4.1 percent. Economists had expected U.S. employers to add 53,000 jobs last month and the jobless rate to hold steady at 4.
The U.S. economy added 162,000 jobs in August, according to new data released Friday by the Bureau of Labor Statistics (BLS). The unemployment rate remained unchanged at 4.1 percent. Economists had expected U.S. employers to add 53,000 jobs last month and the jobless rate to hold steady at 4.
Nonfarm payrolls rose by 162,000 in August topping all estimates in a Bloomberg survey. The unemployment rate remained flat at 4.1%. Bloomberg's Michael McKee breaks down the report. (Source: Bloomberg)
Claudia Sahm, chief economist at New Century Advisors, reacts to the US employment report for August. She says this jobs report favors Federal Reserve officials that want to start hiking rates. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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