U.S. economy added 187,000 jobs in August, more than was expected

U.S. economy added 187,000 jobs in August, more than was expected

Economists had expected approximately 160,000 new jobs to be added to the U.S. economy in August, but the Bureau of Labor Statistics reported that the actual number was 187,000. This was more than expected, and it marks continues job growth for the ninth straight month. The unemployment rate also remained unchanged at 3.7 percent, a 50-year low.