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Women account for nearly all new US jobs in August

Economy And Jobs,Women,Labor,Bureau Of Labor Statistics,Unemployment

From the Left

Women accounted for 98% of the 162,000 jobs the US added in August, an unprecedented figure that could point to broader labor market shifts.

The figure reflects growth in health and caregiving, but also in local government and education, which "roared back to life," CNBC noted.

Because women tend to earn less than men and are likelier to hold multiple jobs, the figure suggests hiring is clustered in low-paying, contingent roles, meaning it's not "necessarily a positive story for women overall," Indeed Hiring Lab said. It also belies a trend of American mothers exiting the workforce.

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