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International Business Times
International Business Times
National
Luke Funk

August US Jobs Report: Payroll Employment Rises, Unemployment Falls

United States Unemployment US Federal Reserve

The United States economy didn't add as many jobs as was expected in August. The federal government said Friday that there were 142,000 non-farm payroll jobs added. The expectation was 161,000.

Unemployment did drop slightly, as expected, to 4.2% from 4.3%. Job gains occurred in construction and health care, according to the U.S. Bureau of Labor Statistics.

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