US added 162k jobs in August, blowing past expectations

The U.S. economy added 162,000 jobs in August, according to data released Friday by the Bureau of Labor Statistics. The national unemployment rate remained steady at 4.1 percent throughout the month.

This growth significantly exceeded the expectations of economists, who had projected an increase of 53,000 jobs. The unemployment rate matched the consensus forecast, which had anticipated no change from the previous level.