In August, US hiring improved slightly, and the unemployment rate fell for the first time since March.

In August, U.S. hiring showed a modest improvement from July, while the unemployment rate fell for the first time since March. This data indicates a stable labor market that, despite signs of cooling, may be recovering gradually. Overall, while job growth remains slow, the slight uptick in hiring and the decrease in unemployment reflect a potential steadiness in employment conditions.

September 06, 2024
6 Articles

Further Reading