
US Economy Adds 162,000 Jobs in August, Surpassing Forecasts
The U.S. labor market expanded by 162,000 nonfarm payrolls in August, significantly outpacing economist predictions and showing strength in hospitality and education sectors. The robust report may influence Federal Reserve interest rate decisions.
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Hospitality and education boosts US job creation in August
The number of roles added to the US economy increased by 162,000 in August, almost triple the 56,000 forecast.
Read full article →US Adds 162,000 Jobs, Topping All Estimates
US job growth surged in August and the unemployment rate held steady, suggesting the labor market has more momentum than previously thought. Claudia Sahm, Chief Economist at New Century Advisors, reacts to the jobs report. (Source: Bloomberg)
Read full article →US economy smashes forecast with 162,000 jobs added in August
Figure comes ahead of interest rate decision from Federal Reserve this month
Read full article →The U.S. economy added 162,000 jobs in August, beating expectations
Forecasters had expected gains of about 65,000 new jobs in August.
By Lauren Kaori Gurley
Read full article →US added 162,000 jobs in August, with unemployment rate holding steady
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 4.5% last November, according to new data from the Bureau of Labor Statistics (BLS). Despite the relative stability of the unemployment rate, the number of new jobs added to the economy has been fluctuating, ...
By Lauren Aratani
Read full article →U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%
Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.
Read full article →US job market rebounds with 162,000 new jobs, far surpassing expectations
The US job market rebounded in August as employers added a surprising 162,000 jobs. The unemployment rate stayed at a low 4.1 per cent. The jobs report, issued by the Labour Department on Friday, could be good news for President Donald Trump two months before midterm elections in which the health of the economy is weighing on voters’ minds. Hiring far exceeded the 65,000 forecasters had expected, according to a poll by FactSet. Labour Department revisions also looked good, adding 55,000 to Ju...
By Associated Press
Read full article →August US Jobs Report: 162,000 Rise in Payrolls, Above Forecasts - Morningstar
August US Jobs Report: 162,000 Rise in Payrolls, Above Forecasts Morningstar
Read full article →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
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