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August hiring rebounds but where are the jobs
The U.S. added 162,000 jobs in August, with widespread gains across sectors such as manufacturing, construction, government, and services, indicating a broadening labor market. Employment increased notably in food services, local government education, construction, manufacturing, and healthcare. Despite strong hiring plans announced by companies, experts caution this may not signal a sustained trend, and projections suggest slower job growth in the coming decade.
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