TechFlow, according to U.S. data, seasonally adjusted nonfarm payroll employment increased by 142,000 in August, compared to an expected rise of 160,000 and a prior revised value of 89,000 (previously reported as 114,000). The U.S. unemployment rate in August was recorded at 4.2%, meeting market expectations and marking the lowest level since June, the first decline after four consecutive months of increases. The August gain of 142,000 jobs marked the largest increase since June this year.
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