Reported about 1 month ago
In August, the US added 142,000 nonfarm payroll jobs, slightly below expectations, while the unemployment rate fell to 4.2%. Acting Labor Secretary Julie Su discussed these figures, highlighting a transition from rapid job growth to a more moderate pace. Despite the cooling, she emphasized that the labor market remains robust, citing strong GDP growth and increased female workforce participation. Su also addressed the upcoming negotiations involving Boeing factory workers and reaffirmed the administration's support for collective bargaining.
Source: YAHOO