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U.S. job growth solid in August; unemployment rate rises to 3.7%

Summary by Ground News
The August employment report gave a somewhat mixed picture as the establishment survey showed a strong gain of 315,000 jobs. The household survey showed the unemployment rate rising by 0.2 percentage points to 3.7 percent. The average hourly wage increased at a modest 0.3 percent rate in August, but it rose at an annual rate of 4.9 percent.
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