Friday, September 6, 2019

Breaking News: Economy adds 130K jobs in August, falling below expectations

 
 
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Economy adds 130K jobs in August
The U.S. added 130,000 jobs in August, the Commerce Department reported Friday, falling below expectations amid an escalating trade war with China and slowing global economy.

The August jobs report missed expectations after economists broadly projected employment growth closer to the 164,000 workers the U.S. added in July. The unemployment rate held steady at 3.7 percent, while the labor force participation rate rose to 63.2 percent.
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