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The Independent UK
The Independent UK
Paul Wiseman

US job market rebounds as employers add 162,000 jobs and unemployment rate holds steady

Hiring far exceeded the 65,000 forecasters had expected, according to a poll by FactSet - (Getty Images)

The U.S. employment landscape experienced a rebound in August, with business owners adding an unexpected 162,000 positions while the unemployment rate remained steady at 4.1 percent.

The employment figures, released Friday by the Labor Department, may offer a welcome signal for President Donald Trump just two months prior to midterm elections where economic performance is a central issue for voters.

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