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America's jobs scare recedes

Axios·September 4, 2026·1 min read
America's jobs scare recedes

US employers added 162,000 jobs in August, the biggest gain since June, while unemployment held at 4.1%. Economists had expected roughly 120,000. Stronger-than-expected hiring signals resilience despite Iran conflict and AI disruption, focusing Federal Reserve attention on inflation rather than labor-market fragility.

Read at Axios
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