U.S. jobs stall in August as unemployment rises to 4.3%
On Friday, the U.S. Bureau of Labor Statistics reported that payrolls rose by about 22,000 in August while the unemployment rate increased to 4.3%, the highest reading in nearly four years, signaling a marked slowdown in hiring across multiple sectors. Key Takeaways August payrolls grew by roughly 22,000 jobs; unemployment rose to 4.3%. Three-month average … Read more