Headline Roundup • September 6th, 2019
Economy Adds 130,000 Jobs in August, Unemployment at 3.7%
Summary from the AllSides News Team
Featured Coverage of this Story
Fox News Digital
U.S. employers added 130,000 jobs in August, a volatile month plagued by trade uncertainty, missing Wall Street's expectations, as investors look for evidence of an impending economic slowdown.
The unemployment rate remained steady at 3.7 percent, near a 50-year low, while the labor force rate was also little changed at 63.2 percent. Average hourly earnings, meanwhile, rose by 11 cents to $28.11. Over the year, average hourly earnings have increased by 3.2 percent, slightly beating expectations of 3.1 percent growth.
CBS News (Online)
"Really Good Jobs Numbers!" President Donald Trump tweeted yesterday. They were good, but not "really good."
Employers hired 130,000 people in August, the Labor Department said Friday in its monthly employment report. That's less than the 160,000 economists were predicting but still indicates an expanding economy.
The unemployment rate stayed flat, at 3.7%, still near historic lows.
NPR (Online News)
Updated at 8:52 a.m. ET
U.S. employers added 130,000 jobs in August, according to a monthly snapshot from the Labor Department, signaling a slowdown in the pace of job growth.
Forecasters surveyed by the Reuters news service had predicted job gains of around 158,000.
The unemployment rate held steady at 3.7%.
Manufacturers added just 3,000 jobs.
The jobs total would have been lower without the addition of 25,000 temporary census jobs. Job gains for the two previous months were revised downward by a total of 20,000.
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