August jobs report shows U.S. added 162,000 jobs, blowing past forecasts

U.S. employers added 162,000 jobs in August, more than double economists’ forecasts and signaling a sharp acceleration from hiring in July.

By the numbers

Economists polled by FactSet forecast employers added 65,000 jobs in August.

The unemployment rate was 4.1% in August, unchanged from the previous month.

—This is breaking news and will be updated.

Edited by

Aimee Picchi

In:

• Jobless Claims
• Economy
• Federal Reserve