US added 162k jobs in August, blowing past expectations

The U.S. economy added 162,000 jobs in August, according to new data released Friday by the Bureau of Labor Statistics (BLS). The unemployment rate remained unchanged at 4.1 percent. Economists had expected U.S. employers to add 53,000 jobs last month and the jobless rate to hold steady at 4.1 percent, according to The Wall Street Journal. The August jobs…