Wednesday, June 25, 2025
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > News > Payrolls rose 315,000 in August as U.S. companies keep hiring

Payrolls rose 315,000 in August as U.S. companies keep hiring

in News
Job Openings Fell in May as Demand for Workers Remains Strong
Share on LinkedinShare on WhatsApp

U.S. employers hired more workers than expected in August, which marked the 20th straight month of job growth, the Bureau of Labor Statistics reported Friday.

Nonfarm payrolls increased by 315,000 jobs last month, just below the Dow Jones estimate for 318,000 and well off the 526,000 revised in July and the lowest monthly gain since April 2021.

The unemployment rate rose to 3.7%, slightly two-tenths of a percentage point higher than expectations. Employment is now 240,000 jobs above its pre-pandemic level.

The increase in hiring in August was led by the professional and business services industry, which added 68,000 jobs.

According to the Bureau wages continued to rise, though slightly less than expectations. Average hourly earnings increased 0.3% for the month and 5.2% from a year ago, both 0.1 percentage point below estimates.

As the Federal Reserve fights to control inflation that is running near its fastest pace in more than 40 years, a moderate wage growth and a rise in the unemployment rate could ease pressure on the Central Bank to deliver a third 75 basis point interest rate hike this month.

The Fed has delivered interest rate hikes totaling 2.25 percentage points that are expected to continue into next year.

Tags: Bureau of Labor StatisticsEmploymentFederal ReservePayroll data

Related Posts

Bessent says SALT deal will happen within 48 Hours
News

Bessent says SALT deal will happen within 48 Hours

Fund Managers Expect Quarter Point Rate Hike from Fed
News

The Fed unlikely to issue July rate cut

FedEx raises rates 6.9% for 2023, outlines cost cuts
News

FedEx beats Q4 estimates, announces new cost cuts

Marathon Oil settles for $241.5 million over air quality violations
News

Oil prices plummet below pre-Iran-Israel conflict levels

Nvidia reveals new H200 chip for AI training
News

Jensen Huang kicks off Nvidia stock offload plan

Iberdrola seeks U.S. expansion, appoints Pedro Azagra as new CEO
News

Iberdrola seeks U.S. expansion, appoints Pedro Azagra as new CEO

Antonio Filosa takes over as CEO of Stellantis
News

Antonio Filosa takes over as CEO of Stellantis

Kroger to pay $1.2 billion in opioid settlement
News

Kroger to close up to 60 stores

Hormel Foods announces leadership changes, Jeffrey Ettinger returns as interim CEO
News

Hormel Foods announces leadership changes, Jeffrey Ettinger returns as interim CEO

Musk’s AI startup now valued at $24B
News

Musk’s xAI investors face deadline

No Result
View All Result

Recent Posts

  • Ambarella shares soar more than 20% on report chip designer is exploring sale
  • U.S. Economic Confidence Slightly Improved, Still Negative
  • Bessent says SALT deal will happen within 48 Hours
  • The Fed unlikely to issue July rate cut
  • FedEx beats Q4 estimates, announces new cost cuts

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.