- U.S. nonfarm payrolls rose weaker than expected in August
Market news
5 September 2014
U.S. nonfarm payrolls rose weaker than expected in August
The U.S. Labor Department released the labour market data today. The U.S. economy added 142,000 jobs in August, missing expectations for a rise of 222,000 jobs, after a gain of 212,000 jobs in July. July's figure was revised up from a gain of 209,000 jobs.
That was the slowest pace in 2014.
The U.S. unemployment rate declined to 6.1% in August from 6.2% in July, in line with expectations.
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