August Jobs Report Shows US Added 315,000 Jobs

The tight US labor market loosened some in August as employers hired fewer workers, more people sought work and wages rose at a slower pace.

Employers added 315,000 jobs last month, down from the prior month’s revised 526,000 jobs, the Labor Department said on Friday, with new jobs spread across the economy. The deceleration marked a pullback from robust gains that characterized much of the past two years. Still, job growth remained well above the pre-pandemic trend.

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