US economy added 162k jobs in August; unemployment rate 4.1%
The Bureau of Labor Statistics' Employment Situation report showed nonfarm payrolls rose by 162,000 in August 2026 and the unemployment rate was 4.1%. Average hourly earnings rose 0.3% on the month.
- Nonfarm payrolls +162k in August (seasonally adjusted, thousands of jobs)
- Unemployment rate 4.1% (unchanged)
- Average hourly earnings +0.3% on the month, +3.1% on the year
- July revised to +21k from −23k
SPX around the story · hourly24 h reaction ▼ 0.10%
Source
Bureau of Labor StatisticsSep 4, 2026, 8:30 AM ET