U.S. Employment Flash: August Employment Report Supports a Rate Hike, but No Guarantee
Published on Friday, September 4, 2015
U.S. Employment Flash: August Employment Report Supports a Rate Hike, but No Guarantee
• Nonfarm payroll growth increased only 173K, but was offset by revisions to June and July • Wages increased 0.3%, the fastest monthly pace since January • The unemployment rate fell to 5.1%, in line with the Fed’s long-run outlook
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