The U.S. economy added back jobs at a far slower pace in August following an early-summer jump in employment, as an initial wave of reopening hiring waned and concerns over the Delta variant increased.
The Labor Department delivered its monthly jobs report at 8:30 a.m. ET Friday morning. Here were the main metrics from the report compared to consensus estimates compiled by Bloomberg:
Change in non-farm payrolls: +235,000 vs. +733,000 expected and +943,000 in July
Unemployment rate, August: 5.2% vs. 5.2% expected and 5.4% in July... Read More: Yahoo Finance