Us Job Market In August 2024. Last month’s job growth was far, far softer than expected, and the unemployment rate shot to its highest level since october 2021, according to new data released friday by the. Report to fuel debate over how much fed will cut rates
Economy added 142,000 jobs in august 2024, 28,000 more than in july. Employers reported an increase of 142,000 nonfarm payrolls in august, up from july’s initially reported 114,000 jobs added but falling.