August Non-Farm Payrolls Increase Below Expectations

IconCryptoNewsTerminal Staff06 Sep, 2024

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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.