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US Job Growth Surprises in August as Fed Weighs Policy Shift

US employers tacked on 162,000 jobs this August, easily crushing the forecasts analysts set. The unemployment rate stayed pinned at 4.1%, ignoring all those bearish predictions about a cooling labor market. Sector Divergence and Labor Market Shifts Image:CEPR Growth feels lopsided right now. Food services pumped out…

VentureburnBy Staff Reporter
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US Job Growth Surprises in August as Fed Weighs Policy Shift
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Original headline: “US Job Growth Surprises in August as Fed Weighs Policy Shift

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