On Friday, the U.S. Bureau of Labor Statistics released a highly anticipated employment report that could be one of the most important pieces of economic news this year. The report gives an employment picture that will be crucial to interest rate decisions made by the Federal Reserve at its September 18 meeting later this month.
Economists expected U.S. employers to add 20,000 more jobs in August than reported. Meanwhile, 800,000 more people are unemployed now than a year ago.
Wall Street expected 160,000 new jobs added to the market in August, with some analysts predicting 163,000 new jobs. The number tracked by the BLS report fell short of those expectations, at
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