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White House: US added 162,000 jobs in August, triple the forecast; manufacturing added 16,000 jobs, a three-year high.
The White House announced that the U.S. added 162,000 jobs in August, triple the number economists expected. Of these, manufacturing added 16,000 jobs, the largest monthly increase in three years, and construction added 22,000 jobs. The announcement also noted that over 1 million private sector jobs have been created during President Donald Trump's tenure, and average private sector weekly earnings have increased by 3.7% year-over-year.
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