US Added 162,000 August Jobs as Hassett Hails 4.1% Unemployment Rate
Updated
Updated · Fox News · Sep 7
US Added 162,000 August Jobs as Hassett Hails 4.1% Unemployment Rate
1 articles · Updated · Fox News · Sep 7
Summary
162,000 jobs were added in August and the unemployment rate held at 4.1%, figures Kevin Hassett used in a Labor Day message praising U.S. workers.
Hassett said the administration has created more than 1 million private-sector jobs since Trump took office, casting the latest report as evidence of an industrial revival.
Eight straight months of manufacturing expansion and three months of gains in manufacturing and construction were cited as signs that factory activity and skilled-trades hiring are strengthening.
Hassett also pointed to trillions of dollars in pledged investment and AI training programs, arguing the labor push is aimed at longer-term job creation and wage growth.