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The Guardian - US
The Guardian - US
Business
Dominic Rushe in New York

US added 315,000 jobs in August as strong market defies signs of worsening economy

United States Economy Jerome Powell US Federal Reserve ADP Inflation White House
An applicant for a job at the USPS in Inglewood, California. The latest jobs report is the last to be released before the Fed meets again in September.
An applicant for a job at the USPS in Inglewood, California. The latest jobs report is the last to be released before the Fed meets again in September. Photograph: Patrick T Fallon/AFP/Getty Images

The US added another 315,000 jobs in August as the jobs market remained strong amid signs of a worsening economy.

The US jobs market lost 22m jobs in early 2020 at the start of the pandemic but roared back after the Covid lockdowns ended. It has remained strong despite four-decade-high rates of inflation and slowing economic growth. In July, the US unexpectedly added 526,000 new jobs, restoring employment to pre-pandemic levels.

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