U.S. employers added 162,000 jobs in August, exceeding expectations, but the strong report could push the Federal Reserve to raise rates instead of cutting them as inflation sits at 3.4%. ABC News' @OliviaRubinABC reports. ▻ ↧ Hiring blew past expectations in August, jobs report shows A jobs report on Friday provided a key gauge of the U.S. economy as shoppers weather elevated inflation and central bankers weigh a possible interest rate hike.
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U.S. employers added 162,000 jobs in August, exceeding expectations, but the strong report could push the Federal Reserve to raise rates instead of cutting them as inflation sits at 3.4%. ABC News' @OliviaRubinABC reports. ▻
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