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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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Boston Herald

Unemployment rate increases as job growth slows

The unemployment rate rose to 3.7% last month as job growth slowed, according to federal officials.“The jobs numbers show a slowdown from the unexpected hiring surge in July but still paint a picture of an economy creating jobs at a healthy clip,” said Christopher Geehern, executive vice president of Associated Industries of Massachusetts. “The numbers are consistent with our view that the state and national economies are growing at a sluggish p…

3 years ago·Boston, United States

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Eurasia Review

US Economy Adds 315,000 Jobs In August, But Unemployment Rises To 3.7 Percent – Analysis

The August employment report gave a somewhat mixed picture as the establishment survey showed a strong gain of 315,000 jobs, while the household survey showed the unemployment rate rising by 0.2 pe…

3 years ago·Albany, United States

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Business Standard

US hiring slowed in August as employers add 315,000 jobs amid weak economy

The unemployment rate rose to 3.7 per cent, from a half-century low of 3.5 per cent in July, as more Americans came off the sidelines to look for jobs and didn't find work immediately

3 years ago·India

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El Diario

US Creates Fewer Jobs Than Expected in August and Unemployment Rate Rises to 3.7%

The U.S. Bureau of Labor Statistics reported that 315,000 jobs were created in August, raising the unemployment rate to 3.7%; professional and business services, customer service, and...

3 years ago

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VOA News

US Job Growth Solid in August; Unemployment Rate Rises to 3.7%

U.S. employers hired slightly more workers than expected in August, keeping the Federal Reserve on track to deliver a third 75 basis points interest rate hike this month, though the unemployment rate increased to 3.7%. Nonfarm payrolls increased by 315,000 jobs last month, the Labor Department said in its closely watched employment report on Friday. Data for July was revised slightly down to show payrolls surging 526,000 instead of 528,000 as pr…

3 years ago·United States

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abc30 News

US hiring slowed in August as employers add 315,000 jobs

The government reported that the economy added 315,000 jobs last month, down from 526,000 in July and below the average gain of the previous three months.

3 years ago·Fresno, United States

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