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Breaking News: Job growth stayed solid in August, a sign that higher interest rates were not crushing the labor market.

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The New York Times


U.S. employers added 315,000 jobs in August, a sign that the labor market remains resilient in the face of higher interest rates.

Friday, September 2, 2022 8:41 AM ET

Employers added 315,000 jobs last month on a seasonally adjusted basis, the Labor Department said Friday. That was down from 526,000 in July, though it still represented a strong pace of growth. The unemployment rate rose to 3.7 percent.

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