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U.S. employers add 187,000 jobs in August, unemployment jumps to 3.8%

Name: U.S. employers add 187,000 jobs in August, unemployment jumps to 3.8%
Uploaded: 2023-09-01T09:59:00-0400
Duration: 5 min 16 s
Description: The U.S. economy added 187,000 jobs in August, slightly higher than expected, while the nation's unemployment rate jumped sharply to 3.8%, the Department of Labor reported Friday. Barron's senior writer Al Root joined CBS News to discuss the latest numbers.

The U.S. economy added 187,000 jobs in August, slightly higher than expected, while the nation's unemployment rate jumped sharply to 3.8%, the Department of Labor reported Friday. Barron's senior writer Al Root joined CBS News to discuss the latest numbers.