US nonfarm payrolls surged by 162,000 in August, tripling forecasts after July's contraction, while unemployment held at 4.1% ahead of the

U.S. private payrolls saw a moderate increase in August, adding 38,000 jobs. This figure fell short of economists' expectations for job growth last month. The ADP report, a…

The US labor market in August roused from its early summer slumber by adding 162,000 jobs, more than double what economists had expected, while the unemployment rate remained at…