US Job Growth Slows in August with 142K New Positions, Unemployment Declines

Reported about 1 month ago

In August, the US labor market saw the addition of 142,000 jobs, falling short of the expected 165,000, according to the Bureau of Labor Statistics. The unemployment rate dropped slightly from 4.3% in July to 4.2%, while hourly earnings increased by 3.8% compared to the previous year.

Source: YAHOO

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