August Non-Farm Payrolls Increase Below Expectations
CryptoNewsTerminal Staff06 Sep, 2024
August Non-Farm Payrolls Increase Below Expectations
The U.S. Department of Labor reports that nonfarm payrolls increased by 142,000 in August but fell short of market expectations of 164,000. Economists have been weighing the mixed signals from the labor market as the Federal Reserve considers raising interest rates.