U.S. nonfarm payrolls increased by 22,000 in August, significantly below expectations; the unemployment rate rose to 4.3%, a four-year high.

U.S. nonfarm payrolls increased by 22,000 in August, significantly below expectations; the unemployment rate rose to 4.3%, a four-year high.

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On Friday, the U.S. Bureau of Labor Statistics released the following data:

U.S. non-farm payrolls increased by 22,000 in August, expected 75,000, previous value 73,000U.S. August unemployment rate was 4.3%, expected 4.3%, previous value 4.2%.

More updates to follow…

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