US economy adds 162,000 jobs in August, topping forecasts

In August, the US job market created 162,000 non-farm payroll positions, significantly outperforming the 12-month average of 31,000, while the unemployment rate remained unchanged at 4.1%. The food services sector drove the growth by adding 59,000 positions, followed by local government education and manufacturing. Conversely, the information industry lost 23,000 jobs. Additionally, employment data for June and July was adjusted upward by a total of 55,000 jobs.

by shortkt.com
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US economy adds 162,000 jobs in August, topping forecasts | ShortKT