August Jobs Report Shows US Added 315,000 Jobs

The tight US labor market eased somewhat in August as employers hired fewer workers, more people applied for work and wages rose at a slower pace.

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

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