U.S. added 162,000 jobs in August, shattering expectations
The U.S. added a whopping 162,000 jobs in August after losses earlier in the summer, buoyed by a surge in the hospitality sector and teacher hiring ahead of the new school year.
TL;DR
- U.S. added 162,000 jobs in August.
- This follows job losses earlier in the summer.
- The hospitality sector saw a surge in employment.
- Teacher hiring increased ahead of the school year.