EconomyUS adds 162,000 jobs in August, far exceeding forecasts
The US added 162,000 jobs in August while unemployment stayed unchanged, led by local-government education and food services. The stronger-than-expected report lifted expectations of a Federal Reserve rate increase, while Donald Trump called for cuts and threatened trade action against countries running deficits with the US. Canada lost 41,700 jobs, with unemployment steady at 6.4%.
US adds 162,000 jobs in August, far exceeding forecasts
Economy