Published 09/06/2024 12:24:00 p.m.

U.S. payrolls grew by 142,000 in August, less than expected

Employers added 142,000 jobs in August, an improvement from July's revised figure, which dropped from 114,000 to 89,000, according to the Bureau of Labor Statistics.
Economists predicted a gain of 160,000 jobs and a drop in the unemployment rate to 4.2%, as noted by FactSet.
August’s report shows job growth but lacks clarity on the labor market's outlook, according to Becky Frankiewicz from ManpowerGroup North America.

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Reuters

US job growth misses expectations in August; unemployment rate slips to 4.2%

U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested an orderly labor market slowdown continued and probably did not warrant a big interest rate cut from the Federal Reserve this month.

09/06/2024 12:24:00 p.m.·United Kingdom

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Hindustan Times

US Jobs data: Payroll gains miss expectations at a disappointing 142,000

Although the number of jobs added by US employers is "not a disaster,” it's still below expectations.

09/06/2024 1:56:39 p.m.·New Delhi, India

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USA Today

August jobs report: Economy added 142,000 jobs as unemployment fell to 4.2%

Jobs report today: The U.S. added 142,000 jobs in August as the unemployment rate fell to 4.2%.

09/06/2024 12:33:54 p.m.·United States

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abc News

US hiring rebounds slightly and unemployment rate dips in sign of still-slowing job market

09/06/2024 12:33:36 p.m.·United States

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CNN

US economy added MORE jobs than expected last month, raising questions about the size of the upcoming rate cut

The US economy was expected to have added 160,000 jobs last month with the unemployment rate dropping to 4.2% from 4.3%.

09/06/2024 11:06:15 a.m.·Atlanta, United States

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KRDO

US economy added 142,000 jobs in August

By Alicia Wallace, CNN (CNN) — The US labor market picked back up in August after a surprisingly weak jobs report the month before. Employers added an estimated 142,000 jobs last month, marking stronger growth than July’s worrisome low number — which was revised down from 114,000 to 89,000 — according to data released Friday by the Bureau of Labor Statistics. The unemployment rate dropped to 4.2% from 4.3%. Economists were expecting a net gain …

09/06/2024 1:03:33 p.m.·Colorado Springs, United States

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