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US Economy Adds 162,000 Jobs in August, Exceeding Forecasts
The U.S. labor market showed unexpected strength in August with 162,000 new jobs added, surpassing analyst estimates despite declines in the technology sector. Economists emphasize that upcoming inflation metrics will ultimately determine the Federal Reserve’s next interest rate decision.
4 Sept, 13:20 — 4 Sept, 13:21
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bloombergHigh1h ago
Inflation Data, Not Jobs, to Dictate Next Fed Move, Economist Roth Says
Stephanie Roth, chief economist at Wolfe Research, says, “the hawkish price action may be taking the print a little too far,” as she examines economic and monetary policy signals from the US August jobs report. (Source: Bloomberg)
Read full article →advisor-perspectivesMostly Factual1h ago
US Adds 162,000 Jobs, Topping All Estimates in Broad Advance
US job growth surged in August and the unemployment rate held steady, suggesting the labor market has more momentum than previously thought.
By Mark Niquette
Read full article →Coverage Timeline
First report: seeking-alpha · 4 Sept, 13:19|Full coverage: 3 · 3m|Window: 3m
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