US added 162k jobs in August, blowing past expectations
Summary
The U.S. economy added 162,000 jobs in August, much more than experts expected. The unemployment rate stayed the same at 4.1 percent.Key Facts
- The U.S. added 162,000 jobs in August.
- Economists had predicted only 53,000 new jobs.
- The unemployment rate was steady at 4.1 percent.
- The job data was released by the Bureau of Labor Statistics (BLS).
- This shows the job market was stronger than expected last month.
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