Job growth slumps in August, unemployment holds steady
By Danielle Paquette September 1 at 8:31 AM
The U.S. economy added 156,000 jobs in August as unemployment was essentially unchanged at 4.4. percent, federal economists reported Friday.
Average hourly wages rose 3 cents in August to $26.39, up 2.5 percent from a year ago.
The growth missed expectations, as analysts had expected the economists would report approximately 200,000 new jobs in August.
The August report does not include any effects from Hurricane Harvey, as the collection of the data used for the report was completed before the storm struck.
Federal economists have revised down their estimate of how many jobs were created in July in June by a combined total of 41,000. They now estimate 189,000 jobs were created in July and 210,000 jobs were created in June.
more
https://www.washingtonpost.com/news/wonk/wp/2017/09/01/government-to-release-august-job-growth-and-unemployment-report/?utm_term=.db97d43946e6&wpisrc=al_alert-COMBO-economy%252Bnation&wpmk=1