WASHINGTON (Pakistan Point News / Sputnik - 03rd September, 2021) US employers added 235,000 jobs in August, the Labor Department announced on Friday, well below forecasts, while the unemployment rate improved slightly to 5.2 percent in a job market still struggling from the coronavirus pandemic.
"Total nonfarm payroll employment rose by 235,000 in August, and the unemployment rate declined by 0.2 percentage point to 5.2 percent,"� the Bureau of Labor Statistics, a unit within the Labor Department, said in a statement.
The department announced 943,000 job additions for July, and an unemployment rate of 5.4 percent. Economists polled by US media had forecast an average jobs growth of 733,000 for August.
