In the News September 6, 2019

US Hiring Slow but Steady Amid Trade War and Global Weakness

US Hiring Slow but Steady Amid Trade War and Global Weakness

By Chistopher Rugaber

WASHINGTON (AP) — U.S. employers added a modest 130,000 jobs in August, a sign that hiring has slowed but remains durable in the face of global economic weakness and President Donald Trump’s trade war with China.

The unemployment rate remained 3.7% for a third straight month, the Labor Department said Friday , near the lowest level in five decades. And more Americans entered the workforce in August, a positive development that increased the proportion of adults who are either working or seeking work to its highest level since February.

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