View full page at forexfactory.com

 

Payrolls in U.S. Rise by 151,000 in August; Jobless Rate Steady

From bloomberg.com

Companies kept adding to payrolls in August while measures of slack in the labor market were little changed, signaling steady hiring in the face of lackluster global growth. Payrolls climbed by 151,000 last month following a 275,000 gain in July that was larger than previously estimated, a Labor Department report showed Friday in Washington. The median forecast in a Bloomberg survey called for 180,000. The jobless rate and labor participation rate held steady, while wage gains moderated. The August figure is consistent with a simmering-down of payrolls growth so far this year as the economy slogs through a period of ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News