Dismal Trump Jobs Report. Unemployment Inches Up. Job Growth Wanes. Wage Growth Is Flaccid * [View all]

[DemocratSinceBirth]

The U.S. economy created 156,000 jobs in August while the unemployment rate edged higher to 4.4 percent, according to a closely watched government report Friday.

Economists surveyed by Reuters had been expecting payrolls to grow by 180,000 in August and the unemployment rate to hold steady at 4.3 percent. A broader measure that includes discouraged workers and those holding part-time jobs for economic reasons also was unchanged at 8.6 percent.

...

Wage growth also was weak for the month, with average hourly earnings up 0.1 percent for an annualized rate of 2.5 percent. The average work week declined by 0.1 hour to 34.4 hours.


https://www.cnbc.com/2017/09/01/nonfarm-payrolls-august-2017.html

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