U.S. August Non-farm Payrolls Well Above Expectations

BlockBeats News, September 4th: The US unemployment rate in August was 4.1%, in line with expectations, and unchanged from the previous value of 4.10%.

In August, the US seasonally adjusted non-farm payroll employment increased by 162,000, surpassing expectations of 56,000. The previous value, initially reported as a loss of 23,000 jobs, was revised to a gain of 21,000 jobs.