In August, the U.S. economy added 187,000 jobs, which was more than economists had expected. This was a slight slowdown from the previous month, when the economy added 195,000 jobs. The most notable gains were in the professional and business services industry, which added 53,000 jobs in August. This was followed by healthcare, which gained 33,000 jobs. Wages have also continued to rise steadily, with average hourly earnings increasing 0.4 percent from last month and 2.9 percent on a year-over-year basis. The unemployment rate ticked up slightly to 6.2 percent, still near a 50-year low.
U.S. economy added 187,000 jobs in August, more than was expected
