job growth

Experts say the economy added 187,000 jobs in August compared to 157,000 in July. (Getty Images)

Job growth exceeds economists’ expectations as unemployment inches up

BY: - September 5, 2023

The labor market is stable and healthy, economists and policy experts say, although the unemployment rate ticked up in the month of August. The Bureau of Labor Statistics’ report released Friday showed that unemployment rose to 3.8% in August from 3.5% in July. Meanwhile the economy added 187,000 jobs, above expectations of 170,000 jobs from economists polled by Reuters. […]