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The U.S. job market rebounded in August as employers added a surprising 162,000 jobs. The unemployment rate stayed at a low 4.1 per cent. The jobs report, issued by the Labor Department Friday, could be good news for U.S. President Donald Trump two months before midterm elections in which the health of the economy is weighing on voters’ minds.Hiring far exceeded the 65,000 forecasters had expected, according to a poll by FactSet. Labor Department revisions also looked good, adding 55,000 to June and July payrolls. Employers created 21,000 jobs in July; the Labor Department had originally reported that they’d cut 23,000. 2:01 Business Matters: Canada could lose 90,000 jobs due to new U.S. tariffs And the U.S. labor force — the number of people working or looking for work — jumped by 683,000 last month after falling in June and July. Story continues below advertisement Companies have been contending with a shortage of workers — the result of Trump’s immigration crackdown and...

WASHINGTON (AP) — The U.S. labor market bounced back in August as employers added a surprising 162,000 jobs, ending a summer of lackluster hiring with a bang. The unemployment rate remained at a low 4.1%. Hiring far exceeded the 65,000 jobs that forecasters had expected, according to a poll by FactSet. Labor Department revisions also looked good, adding 55,000 to June and July payrolls. Employers created 21,000 jobs in July; the Labor Department had originally reported that they'd cut 23,000. Two months before the midterm elections, President Donald Trump welcomed the strong hiring report Friday. "Great jobs number just announced, breaking all estimates (except mine!) by double and triple - And you haven't seen anything yet!" Trump wrote in a social media post. ...

The U.S. economy's softer labor market this summer follows stronger employment growth in the spring, according to Vanguard senior economist Adam Schickling. The U.S. economy unexpectedly shed jobs in July amid headwinds caused by elevated inflation and uncertainty over the Iran war's economic impact. What are the key findings of the July 2026 jobs report?The Bureau of Labor Statistics on Thursday reported that employers cut 23,000 jobs in June. That figure was well below the estimate of economists polled by LSEG, who estimated 80,000 jobs would be added. The unemployment rate dipped to 4.1%, which was also below the estimate of 4.3%. BLS TOOK STEPS TO FIX DATA RELEASE FAILURES BUT WATCHDOG SAYS MORE SAFEGUARDS ARE NEEDEDRevisions were made to the payroll numbers for the prior two months, with May revised down by 66,000 from a gain of 129,000 to 63,000; while June's report was revised down by 37,000 from a gain of 57,000 to 20,000.Taken together, employment in May and June...

WASHINGTON (AP) — The U.S. job market rebounded in August as employers added a surprising 162,000 jobs. The unemployment rate stayed at a low 4.1%. The jobs report, issued by the Labor Department Friday, could be good news for President Donald Trump two months before midterm elections in which the health of the economy is weighing on voters' minds. Hiring far exceeded the 65,000 forecasters had expected, according to a poll by FactSet. Labor Department revisions also looked good, adding 55,000 to June and July payrolls. Employers created 21,000 jobs in July; the Labor Department had originally reported that they'd cut 23,000. Restaurants and bars added 59,000 jobs last month, construction companies 22,000 and manufacturers 16,000. Factory jobs are up by 58,000 since hitting a recent low in December, the Labor Department noted. So far this year, employers — companies, government agencies and nonprofits — have added an average of more than 80,000 jobs a month. That is up from a dismal 9,700 last...

This is the Indeed Hiring Lab's monthly snapshot of the US labor market, summarizing where key indicators — job postings, wages, unemployment, and openings — stand as of April 2026 and flagging the trends worth watching in the months ahead. The Big Picture The US labor market appears to have found its (perhaps temporary) footing — albeit on lower ground. After three years of cooling from pandemic-era highs, the data increasingly suggest that the labor market, especially demand, has started to bump along the bottom. Job postings, unemployment, and openings have all been oscillating in a narrow range since late last year, even as month-to-month volatility and geopolitical uncertainty make any single reading hard to interpret. The low-hire, low-fire dynamic persists, but it may now be better understood as a new steady state rather than an ongoing deterioration. Job Postings Where we are: Indeed’s JPI stood 2.4% above pre-pandemic levels at 102.4 as of April 30, 2026. This is among the lowest readings of...

The US economy added 162,000 jobs in August, according to the latest report from the Bureau of Labor Statistics. The unemployment rate held steady at 4.1% from July.Nonfarm payroll employment was forecast to increase by 65,000, vs. the 23,000 decline originally reported in July, according to FactSet. That July loss has since been revised up to a gain of 21,000. Meanwhile, the unemployment rate had been forecast to edge up to 4.2% from 4.1% the prior month.August Jobs Report Key StatsTotal nonfarm payrolls rose by 162,000 after rising by 21,000 in July.The unemployment rate held steady at 4.1% in August from 4.1% in July.In August, average hourly wages rose by 10 cents, or 0.3%, to $37.75. This article was generated with the help of automation and reviewed by Morningstar editors. Learn more about Morningstar’s use of automation. The author or authors do not own shares in any securities mentioned in this article. Find out about Morningstar’s editorial policies. ...

The United States economy has added 162,000 jobs in August, with large gains in local government education and food services.The unemployment rate remained unchanged, according to the monthly jobs report released by the US Department of Labor’s Bureau of Labor Statistics (BLS) on Friday.Recommended Stories list of 4 itemsend of listThe data was well above analysts’ expectations. Economists polled by Reuters had forecast 56,000 gains, the Wall Street Journal forecast 53,000, and Bloomberg had forecast 55,000, following a loss of 23,000 in July.Local government education, or public schools, accounted for nearly 42,000 of the jobs added as the 2026–27 school year begins across much of the US. Teachers typically fall off payrolls during the summer months when school is not in session.Food service jobs also saw large increases, with the sector adding 59,000 jobs for the month of August compared with the month prior.There were also gains in construction, which added 22,000 jobs, and healthcare, which added 12,000.The information sector,...

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US economy fell short of Wall Street expectations to add 57,000 jobs in June as the labour market cooled and a World Cup hiring spree petered out, prompting traders to scale back expectations of interest rate rises.Thursday’s figure from the Bureau of Labor Statistics marked a sharp fall from the downwardly revised 129,000 jobs added in May and was less than half of the 115,000 predicted by economists in a Bloomberg poll.The April hiring figure was also revised down to 148,000, representing a combined 74,000 job reversal in April and May.June’s job gains were the weakest this year, with the exception of a weather-driven decline in February, marking a significant cool-down in the labour market after three months of bumper hiring. Thomas Simons at Jefferies said payrolls had “stumbled a bit after several months of solid jobs data”.Despite the drop, job...

The U.S. jobs market forgot about the dog days of August and saw scorching growth. The Bureau of Labor Statistics said nonfarm payrolls rose 162,000 last month . That was far more than the 53,000 expected by economists polled by Dow Jones. Jobs growth for July and June was also revised higher. That, however, did little to dissuade investors from keeping expectations for a Federal Reserve rate hike elevated. According to the CME Group's FedWatch tool, traders still see a 58% chance of a quarter-point rate increase in less than two weeks. Stock futures pulled back following the report, while Treasury yields rose. Here's what strategists, investors and economists around Wall Street had to say: Tim Urbanowicz, chief investment strategist, Innovator ETFs from Goldman Sachs Asset Management: "Today's report was strong, and we could see markets take a react first, ask questions later approach. But once the dust settles, we think investors will realize the broader trend of labor market...