Economy

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

September 6, 2024

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Nonfarm payrolls were expected to expand by 161,000 in August while the unemployment rate fell to 4.2%.

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August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

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