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

September 2, 2016 12:38 PM

14 0

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 wag...

Also read: Sales of new homes rose 3.1 percent in September

Read more

To category page