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Friday, September 1, 2017

Job growth slows in August

The US economy added only 156,000 jobs in August, less than recent months, according to the Labor Department.

The unemployment rate rose a bit to 4.4%, as fewer adults reported that they had a job during the month.

The Labor Department also revised down earlier estimates for job growth in both June and July by a total of 41,000 jobs, suggesting that the labor market is not as strong as it appeared to be a month ago.



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