The U.S. economy continued to add jobs in August, though it was at a relatively slower pace following a similarly soft jobs report last month amid uncertainty about economic conditions.
The Labor Department on Friday reported that employers added 22,000 jobs in August, a figure that was well below the 75,000 estimate of economists polled by LSEG.
The unemployment rate also rose to 4.3% in August, which was in line with expectations and up from the 4.2% reading in July.
Job gains in the prior two months were both revised, with job creation in June revised down by 27,000 from a gain of 14,000 to a loss of 13,000; and July job creation was revised up by 6,000 from a gain of 73,000 to 79,000. Taken together, employment in June and July was 21,000 jobs lower than previously reported.
This is a developing story. Please check back for updates.
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