US NFP grows 187k, unemployment rate jumps to 3.8%

<p>US non-farm payroll employment grew 187k in August, above expectation of 170k. That’s notably lower than the average monthly gain of 271k over the prior 12 months. Unemployment rate jumped from 3.5% to 3.8%, above expectation of 3.5%, marking the highest level in a year and a half. Number of unemployment persons increased by 514k […]</p>
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