{"id":3864,"date":"2026-09-04T13:34:33","date_gmt":"2026-09-04T13:34:33","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=3864"},"modified":"2026-09-04T13:34:33","modified_gmt":"2026-09-04T13:34:33","slug":"august-jobs-report-us-adds-162000-positions-unemployment-at-4-1","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=3864","title":{"rendered":"August jobs report: US adds 162,000 positions, unemployment at 4.1%"},"content":{"rendered":"
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Humilis Investment Strategies CEO and CIO Brian Belski discusses the benefits of 401(k) investing, midterm market volatility, strong fundamentals and his surprise sector pick for the fourth quarter on \u2018Varney & Co.\u2019<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
This story about the August 2026 jobs report will be updated with further details.<\/i><\/p>\n
The\u00a0U.S. economy<\/u> rebounded in August, adding jobs at a solid pace after a surprise decline in July amid economic uncertainty.<\/p>\n
What are the key findings of the August 2026 jobs report?<\/h3>\n
The Bureau of Labor Statistics on Friday reported that employers added 162,000 jobs in August. That figure was well above the estimate of 56,000 made by economists polled by LSEG.<\/p>\n
The unemployment rate held steady at 4.1% in August, which was also in line with the expectations of economists polled by LSEG.<\/p>\n
WHAT WARSH’S JACKSON HOLE SPEECH SIGNALS ABOUT WHERE INTEREST RATES ARE HEADED<\/strong><\/p>\n
Revisions were made to the payroll numbers for the prior two months, with June revised up by 11,000 from a gain of 20,000 to 31,000; while July’s report was revised up by 44,000 from a loss of 23,000 to a gain of 21,000.<\/p>\n
Taken together, employment in June and July is 55,000 higher than previously reported.<\/p>\n
What sectors added or lost the most jobs in August 2026?<\/h3>\n
Private payrolls added 127,000 jobs in August, well above the gain of 45,000 that was estimated by LSEG economists. July’s growth in private payrolls was revised up from a gain of 30,000 to 71,000.<\/p>\n
Government payrolls added 35,000 jobs in August, with the sector’s loss of 53,000 jobs in July revised to a loss of 50,000 jobs. Local governments added 50,000 jobs, including 42,000 education roles, which more than offset declines in government employment at the federal (-5,000) and state (-10,000) levels.<\/p>\n
The U.S. economy surprised to the upside, adding 162,000 jobs in August.<\/span> (Yuki Iwamura\/Bloomberg via Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n
The manufacturing sector added 16,000 jobs in August, well above the LSEG poll’s estimate of 5,000. The sector’s gain of 5,000 jobs in July was also revised up to 14,000.<\/p>\n
Food services and drinking places added 59,000 jobs in August, well above the average monthly gain of 12,000 over the past year.\u00a0<\/p>\n
Healthcare added 13,000 jobs in August, which represented a slowdown from the average monthly gain of 32,000 over the last 12 months. Within the sector, home healthcare services (+11,000) and hospitals (+8,000) added jobs.<\/p>\n
Information employment declined by 23,000 jobs in August, a deeper decline than the average loss of 8,000 jobs a month over the last year. Most of the losses occurred in computing infrastructure providers, data processing, web hosting and related services (-8,000), as well as in publishing (-7,000) and in broadcasting and content providers (-5,000).<\/p>\n
Construction employment was little changed with a gain of 22,000 jobs in August, driven by nonresidential specialty trade contractors (+8,000), which was similar to the average monthly gain of 6,000 over the prior 12 months.<\/p>\n
What does the August 2026 jobs report mean for the workforce?<\/h3>\n
What experts are saying about the August 2026 jobs report<\/h3>\n
What does it mean for interest rates?<\/h3>\n
What did the August 2026 jobs report mean for the market?<\/h3>\n<\/div>\n
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