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| US employment rises again in August | US employment rises again in August |
| (35 minutes later) | |
| The US added 169,000 new jobs in August, fewer than expected by many analysts. | |
| The addition of new jobs helped the unemployment rate fall to 7.3%, down from 7.4% in July. | The addition of new jobs helped the unemployment rate fall to 7.3%, down from 7.4% in July. |
| But the US Labor Department said this was because more Americans stopped looking for work. | |
| The monthly data from the US Labor Department is is one of the most closely watched US economic indicators. | The monthly data from the US Labor Department is is one of the most closely watched US economic indicators. |
| It comes ahead of the September meeting of the US Federal Reserve, at which policymakers are widely expected to begin cutting stimulus measures. | |
| The Fed is buying $85bn in assets every month as a way of supporting the economy, but senior figures at the reserve bank have already indicated their intention to roll back the programme in the coming months. | |
| Analysts had expected about 180,000 jobs to be added in August. | |
| The Labor Department also revised down the number of jobs added in July, from 162,000 to just 104,000 - the fewest in more than a year. |