August unemployment jumps to 3.8% as labor cools

The pace of hiring continued to cool in August, with job gains of 187,000, which is lower than both the 204,000 monthly average for the previous six months and the 399,000 average of 2022, said Realtor.com Chief Economist Danielle Hale.Total nonfarm payroll employment increased by 187,000 jobs, just
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