US hiring rebounds slightly and unemployment rate dips

Hiring by America’s employers picked up a bit in August from July’s sluggish pace, and the unemployment rate dipped for the first time since March in a sign the job market might be cooling but remains sturdy.

Employers added 142,000 jobs in August, up from just 89,000 in July, according to a non-farm payrolls report released by the US Labor Department on Friday.

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