U.S. employers added 162,000 jobs in August 2026, significantly exceeding forecasts, while unemployment held steady at 4.1%, according to reports published September 3–7, 2026. Tech sector shed 23,000 positions, but manufacturing and other sectors offset losses.
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U.S. employers added 162,000 jobs in August, and the unemployment rate held at 4.1%, the Labor Department reported Friday. The payroll gain beat forecasts of 65,000 in a FactSet poll and 53,000 in Dow Jones surveys cited by other reports [pbs.org#2][cbsnews.com#1][theguardian.com#1][npr.org#1][wsj.com#1]. The department also revised June and July payrolls up by a combined 55,000 jobs, including Ju
The US job market rebounded in August as employers added a surprising 162,000 jobs. The unemployment rate stayed at a low 4.1 per cent. The jobs report, issued by the Labour Department on Friday, could be good news for President Donald Trump two months before midterm elections in which the health of the economy is weighing on voters’ minds. Hiring far exceeded the 65,000 forecasters had expected,
U.S. employers added 162,000 nonfarm jobs in August, the Labor Department said Friday, exceeding forecasts that ranged from 53,000 to 65,000 jobs, while the unemployment rate held at 4.1% [theguardian.com#2][pbs.org#2][cnbc.com#1][bloomberg.com#1][wsj.com#1]. The report followed a weak July reading; households still faced high living costs, and inflation remained above the Federal Reserve’s 2% tar
The labor market looks considerably healthier than it did at the start of the summer. Why it matters: Friday morning's jobs report recast the last two months as a period of modest job growth rather than of outright deterioration, capped by a gain last month that was more than triple what economists expected. The labor market is weathering the Iran conflict and an AI-driven transformation of the ec
The job market delivered a surprising rebound in August, adding 162,000 jobs, far more than economists had expected. The unemployment rate held steady at 4.1%, and the Labor Department revised July numbers upward. The stronger-than-expected report comes as the Federal Reserve is set to weigh interest rates. Geoff Bennett discussed more with Roben Farzad, host of "Full Disclosure."
The U.S. labor market grew by 162,000 jobs in August, according to a new report from the Bureau of Labor Statistics. CBS News business producer Emily Pandise has more.
In August, American employers surprised many by adding 162,000 jobs, a figure well above market predictions. However, the technology sector experienced a downturn, losing 23,000 jobs as advancements in artificial intelligence reshaped the industry. Meanwhile, industrial manufacturing saw an upswing, regenerating 16,000 positions following prior losses. The unemployment rate held firm at 4.