U.S. employment increased less than expected in August
Economy
- 6-09-2024, 21:25
Followed by-INA
The US Department of Labor announced on Friday that employment in the United States rose less than expected in August, and that the unemployment rate fell to 4.2%, indicating that the labor market continues to slow in an orderly manner.
The US Department of Labor's Bureau of Statistics said that "non-farm jobs increased by 142,000 jobs last month, compared to 89,000 jobs in July."
Economists had expected jobs to increase by 160,000 jobs after an increase of 114,000 jobs in July.
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