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US Job Market Adds 162,000 Positions in August, Surpassing Forecasts

The US economy generated 162,000 new nonfarm jobs in August, significantly outpacing analyst expectations and reflecting strength in hospitality and education sectors. Despite the robust hiring figures, economists note that upcoming inflation data will remain the primary driver for Federal Reserve interest rate decisions.

4 Sept, 12:32 — 4 Sept, 15:52
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Left (4)
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Sources

Showing 10 of 16 sources
BBCHigh4h ago

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.

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bloombergHigh2h ago

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)

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FTVery High5h ago

US economy smashes forecast with 162,000 jobs added in August

Figure comes ahead of interest rate decision from Federal Reserve this month

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wapoMostly Factual4h ago

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

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The GuardianMostly Factual4h ago

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

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cnbcMostly Factual5h ago

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.

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SCMPMostly Factual2h ago

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

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morningstar4h ago

August US Jobs Report: 162,000 Rise in Payrolls, Above Forecasts - Morningstar

August US Jobs Report: 162,000 Rise in Payrolls, Above Forecasts  Morningstar

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YahooMostly Factual1h ago

The U.S. Economy Just Added 162,000 Jobs in August, Blowing Past Estimates: That's Both Good and Bad News for the Stock Market.

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advisor-perspectivesMostly Factual4h 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

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Coverage Timeline

First report: vg · 4 Sept, 12:30Full coverage: 16 · 3hWindow: 3h
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