The U.S. labor market added 162,000 jobs in August 2026, more than double the economist forecast of 65,000, with the unemployment rate remaining steady at 4.1 percent. The strong report prompted financial analysts and traders to reassess expectations for Federal Reserve rate hikes, with Citigroup delaying its rate-cut forecast to 2027.
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Hiring in August was more than double economists' forecast of 65,000 payroll gains.
The U.S. economy added 162,000 jobs in August, according to new data released Friday by the Bureau of Labor Statistics (BLS). The unemployment rate remained unchanged at 4.1 percent. Economists had expected U.S. employers to add 53,000 jobs last month and the jobless rate to hold steady at 4.1 percent, according to The Wall Street Journal. The August jobs...
The latest data shows the U.S. added 162,000 jobs in August, beating expectations after a disappointing July report. CBS News' Emily Pandise reports.
“America added 162,000 jobs in August — triple economists’ expectations. The private sector has now created over one million jobs under President Trump, whose reindustrialization agenda continues to drive manufacturing and factory construction job growth. America is in the middle of a historic investment boom, and the August jobs report is the latest data point […] The post Made in America: Manufa
President Trump called on the Federal Reserve to lower interest rates Friday after the August jobs report came in stronger than expected, threatening to cut off trade with several countries if the central bank doesn’t budge. The Bureau of Labor Statistics reported Friday that U.S. employers added 162,000 jobs last month, well above the 53,000...
The stronger-than-expected numbers have fed funds futures traders betting on a Federal Reserve rate hike this month.
Employers added 162,000 jobs and unemployment held at 4.1 percent last month, signs of a stability that contrasted with high inflation weighing on households and markets.
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story August jobs report beats expectations The U.S. economy added 162,000 jobs in August, soaring past expectations and raising the prospect that the Federal Reserve could hike interest rates next month. AP Photo/Nam Y. Huh The unemployment...
Diane Swonk, Chief Economist at KPMG, discusses the August jobs report, which showed U.S. payrolls rising by 162,000, above expectations, while the unemployment rate held steady at 4.1%. The segment also notes revisions to prior figures and points out that the data contain a lot of noise. She speaks with Scarlet Fu & Kristine Aquino on "The Close." (Source: Bloomberg)
U.S. employers added 162,000 jobs in August, more than double economists' forecasts. CBS News business producer Emily Pandise has more.
# OneYearAgoToday # AreWeGreatYet September 5, 2025 - A second weak jobs report in as many months undercut Trump's claims of a booming economy and showed that the labor market was stalling. The economy added only 22,000 jobs in August, and unemployment rose to 4.3 percent, an almost four-year high. 1/ # TrumpMustGo # KingOfTreason # RepublicansOwnThis # NoRepublicansEverAgain # USPol