🇺🇸 U.S. August Jobs Report: Key Takeaways
🟠 Nonfarm payrolls increased by 162K—well above the projected 56K.
🟠 Unemployment rate held steady at 4.1%, in line with forecasts.
🟠 Hourly earnings climbed 0.3% month-over-month and 3.1% year-over-year, slightly surpassing expectations.
🟠 Average workweek extended to 34.4 hours, edging past the 34.3-hour estimate.
A stronger-than-expected print across the board, signaling continued labor market resilience.
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