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September 3rd, 2022 
Awake Goy The U.S. labor market could be showing signs of slowing down after the economy added 315,000 new jobs in August, down from the revised 526,000 in July.
According to the Bureau of Labor Statistics (BLS), the unemployment rate edged higher to 3.7 percent, up from 3.5 percent.
Economists had forecast a gain of 300,000 new jobs and a jobless rate of 3.5 percent.
The BLS also revised the June total non-farm payroll employment number by 105,000, from 398,000 to 293,000. The July report was also modified by 2,000 to 526,000.
Job creation was broad-based, BLS data show, with professional and business services (68,000), health care (48,000), and retail (44,000) leading the way. Manufacturing employment jumped 22,000, while mining jobs rose 6,000. Positions in the financial activities sector advanced by 17,000….
According to the Bureau of Labor Statistics (BLS), the unemployment rate edged higher to 3.7 percent, up from 3.5 percent.
Economists had forecast a gain of 300,000 new jobs and a jobless rate of 3.5 percent.
The BLS also revised the June total non-farm payroll employment number by 105,000, from 398,000 to 293,000. The July report was also modified by 2,000 to 526,000.
Job creation was broad-based, BLS data show, with professional and business services (68,000), health care (48,000), and retail (44,000) leading the way. Manufacturing employment jumped 22,000, while mining jobs rose 6,000. Positions in the financial activities sector advanced by 17,000….
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