Hiring Burst of 162,000 Jobs in August Puts the Focus Squarely Back on Inflation in the US

Fed rate decision still hangs on inflation after jobs report

A surprise jump in U.S. hiring last month has bolstered the case for the Federal Reserve to raise interest rates when they meet later this month, but a hike is still not guaranteed.

Hiring burst of 162,000 jobs in August puts the focus squarely back on inflation in the US

The U.S. labor market bounced back in August as employers added a surprising 162,000 jobs, ending a summer of lackluster hiring with a bang.

Inside the Blockbuster August Jobs Report – Liberty Road

The August jobs report surpassed even the rosiest Wall Street forecast.

U.S. Economy Adds 162,000 Jobs in August, Beating Expectations

The U.S. economy added 162,000 jobs in August, a stronger-than-expected showing that offered fresh evidence of resilience in the labor market as manufacturing and construction hiring picked up. The unemployment rate held steady at 4.1%. August payroll growth was well above the average monthly gain over the previous year. The White House pointed to the Read more...

U.S. Hiring Surges, Putting Fed Focus Back on Inflation

WASHINGTON, D.C. — U.S. employers added 162,000 jobs in August, far exceeding economists’ forecasts as hiring strengthened in manufacturing and construction, a rebound that shifted attention back toward persistent inflation …

U.S. Added 162,000 Jobs In August, More Than Tripling Forecast

By Matthew Holloway | The United States added 162,000 nonfarm payroll jobs in August, and the unemployment rate remained unchanged at 4.1 percent, according to the Bureau of Labor Statistics’ (BLS) monthly employment report. Republicans on the Joint Economic Committee (JEC), chaired by Arizona Republican Rep. David Schweikert (AZ-01), reported that the increase included 127,000 […] The post U.S. Added 162,000 Jobs In August, More Than Tripling F…