Salem Radio Network News Saturday, September 30, 2023


US employers added a solid 187,000 jobs in August in sign of a still-resilient labor market


( ) -q-27- UNDATED (Correspondent Jeremy House) “continue to decelerate.”

The nation’s employers added 187,000 jobs in August.

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TAG: Correspondent Jeremy House reporting.

VERBATIM: The job increase marked an increase from July’s revised gain of 157,000, but still pointed to a moderating pace of job growth compared with earlier this year. The unemployment rate rose from 3.5% to 3.8%, the highest level since February 2022. A decelerating job market could help shift the economy into a slower gear and reassure the Federal Reserve that inflation will continue to decelerate.

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