Daily Market Updates: U.S. payrolls rise faster in August as unemployment stays at 4.1%

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U.S. payrolls rise faster in August as unemployment stays at 4.1%

Nonfarm payrolls increased by 162,000 in August versus the Dow Jones consensus expectation of 53,000, while the unemployment rate remained at 4.1%.

Reported · Written up by our desk · Economy

U.S. nonfarm payrolls rose by 162,000 in August, substantially above the Dow Jones consensus estimate of 53,000, according to CNBC Economy.

The unemployment rate held steady at 4.1% in August, the outlet reported, matching the prior level rather than moving in tandem with the stronger jobs gain.

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Sources

CNBC EconomyU.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%

Bonds & Rates

U.S. payrolls rise faster in August as unemployment stays at 4.1%

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