 What to know The U.S. economy added 162,000 jobs in Aug., surpassing expectations despite challenges in hiring. The unemployment rate remained at 4.1%, indicating a healthy labor market, according to Labor Department data. Forecasters had predicted 65,000 new jobs, but hiring was stronger, led by restaurants and bars. June and July data were revised up by 55,000 jobs, suggesting a stronger labor market than previously thought. Summary is AI-generated, newsroom-reviewed. |
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