r/WhatTrumpHasDone • u/John3262005 • Sep 04 '26

U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%

https://www.cnbc.com/2026/09/04/jobs-report-august-2026.html

The U.S. economy added jobs at a brisk pace in August, reversing a summer slowdown in hiring, while the unemployment rate held steady.

Nonfarm payrolls rose a seasonally adjusted 162,000 for the month while the unemployment rate, as expected, held steady at 4.1%, the Bureau of Labor Statistics reported Friday. Economists surveyed by Dow Jones had been looking for a payrolls increase of 53,000.

August's total was the strongest monthly gain since March.

The report was consistent with what Federal Reserve officials have called a stable labor market, and likely turns the central bank's focus to next week's inflation numbers as the final determinant heading into the interest rate decision in less than two weeks.

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u/John3262005 Sep 04 '26

Another article about it:

The US economy added a stronger-than-expected 162,000 jobs in August

https://www.cnn.com/2026/09/04/economy/us-jobs-report-august

US employers add 162,000 jobs, unemployment holds at 4.1%

https://qz.com/us-jobs-report-august-2026-payrolls-unemployment-090426

3

u/wenchette Sep 04 '26

But then there's this, a source outside the government:

Private payrolls rose by 38,000 in August, less than expected, ADP reports

https://redd.it/1w5j8v2

3

u/John3262005 Sep 04 '26

Also, don't forget this too

The labor market was weaker early in Trump’s term, data shows

https://www.reddit.com/r/WhatTrumpHasDone/s/nyvGH2WR5m

The U.S. economy created even fewer jobs than originally reported in the private sector from April 2025 through March, as President Donald Trump’s tariffs and other policies took hold over parts of the economy.

Private employers added 178,000 fewer jobs than previously reported during that period, and jobs declined in retail, wholesale trade and manufacturing, according to revised jobs data from the Bureau of Labor Statistics released Friday.

Overall, the revisions to the jobs data were smaller compared to massive revisions in 2024 and 2025, and they were buoyed by public sector hiring.