Published 2 years ago

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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Times of India

US hiring slowed in August as employers add 3,15,000 jobs; unemployment rate rises to 3.7%

America’s employers slowed their hiring in August in the face of rising interest rates, high inflation and sluggish consumer spending, all of which have weakened the outlook for the economy.

2 years ago·India

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The Guardian

US added 315,000 jobs in August as strong market defies signs of worsening economy

Numbers come as Jerome Powell says Federal Reserve intends to continue interest rate hikes to try to tamp down inflation

2 years ago·London, United Kingdom

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The Independent

US economy added 315,000 jobs in August as unemployment rose slightly

The government reported Friday that the economy added 315,000 jobs last month, down from 526,000 in July

2 years ago·London, United Kingdom

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Reuters

U.S. job growth solid in August; labor market pressure starting to ease

Data raised cautious optimism that the Federal Reserve could slow the economy without triggering a recession.

2 years ago·United Kingdom

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CBC News

U.S. added 315,000 jobs in August as hiring pace slows

America's employers slowed their hiring in August in the face of rising interest rates, high inflation and sluggish consumer spending, all of which have weakened the outlook for the economy.

2 years ago·Canada

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Associated Press News

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

WASHINGTON (AP) — America’s employers slowed their hiring in August in the face of rising interest rates, high inflation and sluggish consumer spending, all of which have weakened the outlook for the economy.

2 years ago·United States

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