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August Jobs Report: Sluggish Job Growth, Increasing Unemployment

OAN’s Alicia Summers
1:37 PM – Friday, September⁢ 1, 2023

The August ⁤Jobs Report: Surpassing ⁢Expectations

The August jobs⁤ report⁣ indicates that U.S. employers added 187,000 jobs last month, surpassing expectations, according to the ‍Bureau of Labor Statistics. However, the unemployment rate increased from 3.5% to⁢ 3.8%,⁤ reaching⁢ its highest level since February‌ 2022. Eddy Gifford, ‌a Wealth Advisor with TACTIVE, discusses this on OAN with Alicia Summers.

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