U.S. Economy Adds 142,000 Jobs in August, Widely Missing Views

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The U.S. economy added 142,000 jobs in August, the smallest increase since December, missing Wall Street estimates for an increase of 225,000. The unemployment rate fell to 6.1%, from 6.2% the month prior, matching expectations. Meanwhile, the labor force participation rate also fell to 62.8% in August, from 62.9% in July.

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