The U.S. economy added jobs at a brisk pace in August, reversing a summer slowdown in hiring, while the unemployment rate held steady.
Nonfarm payrolls rose a seasonally adjusted 162,000 for the month while the unemployment rate, as expected, held steady at 4.1%, the Bureau of Labor Statistics reported Friday. Economists surveyed by Dow Jones had been looking for a payrolls increase of 53,000.
(CNBC)

Hiring surged in August as the US economy added 162,000 jobs and unemployment stayed at 4.1%, new data from the Bureau of Labor Statistics showed Friday.
August’s job gains – which are the strongest since March – mark a sharp rebound from July’s tally, which was revised up to a 21,000-job gain from a 23,000-job loss. June was also revised upwards, adding 31,000 positions. That’s up from the original estimate of 20,0000.
(CNN)