Published 2 years ago

August jobs report: US hiring slows to just 235,000 new jobs after 2 strong months

Summary by Ground News

The Labor Department said Friday that employers added 235,000 jobs last month. The unemployment rate ticked down slightly to 5.2%. Leisure and hospitality, one of the industries hit hardest by the coronavirus pandemic, dragged on job growth. The government, meanwhile, was also a drain of job growth, cutting 8,000 positions.

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BBC News

US jobs growth disappoints as recovery falters

The US economy added just 235,000 jobs in August, according to the Bureau of Labour Statistics.

2 years ago·United Kingdom

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Yahoo News

August jobs report: Payrolls rise by disappointing 235,000 while unemployment rate falls to 5.2%

The Labor Department released the August jobs report Friday morning at 8:30 a.m. ET.

2 years ago·Los Angeles, United States

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News18 India

Business Highlights: Jobs Report, Service Sector Slowdown

Americas employers added just 235,000 jobs in August, a modest gain after two months of robust hiring at a time when the delta variants spread has discouraged some people from flying, shopping and eating out. The unemployment rate dropped to 5.2% from 5.4% in July. The August job gains the government reported Friday fell far short of the big gains in June and July of roughly 1 million a month. Those increases were revised higher by a combined 13…

2 years ago·India

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The Guardian

US adds just 235,000 jobs in August as Delta variant spreads

Unemployment rate declines by 0.2 percentage points to 5.2% from 5.4% in July as employers cut back hiring plansThe US economy added just 235,000 jobs in August, a sharp drop from preceding months, as employers cut back hiring plans amid the spread of the Delta variant of the coronavirus virus.The unemployment rate declined by 0.2 percentage points to 5.2% from 5.4% in July and has fallen dramatically from a high of 14.7% in April last year. So …

2 years ago·London, United Kingdom

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Reuters

U.S. job growth seen slowing in August as Delta variant curbs services demand

By Lucia Mutikani WASHINGTON - U.S. employment growth likely pulled back in August after gaining nearly 2 million jobs in the past two months as soaring COVID-19 cases reduced demand for travel and entertainment, but the pace was probably enough to sustain the economic expansion. The Labor Department's closely watched employment report on Friday would come as economists have been

2 years ago·United Kingdom

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The Independent

Delta variant hits US job market with sudden hiring slowdown

An abrupt slowdown in hiring shows that the Delta variant of Covid-19 is having a significant impact on the US economy in addition to its impact on the health of the nation.

2 years ago·London, United Kingdom

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