: Hiring in August was the slowest in five months, but the government revised up job growth for June and July by a combined 44,000, according to CBC. From June through August, the economy added a solid 221,000 jobs a month, up from an average of 189,000 from March through May. The Labor Department said Friday that the jobless rate fell to 5.1 per cent — a level consistent with a normal job market and the lowest since April 2008 — from 5.3 per cent. Three years of solid hiring have put nearly 8 million more Americans to work. But as the final report on the job market before the Fed meets Sept. 16-17, it one of the most significant pieces of evidence it will consider. Friday report appeared neither so strong nor so weak as to tilt the Fed decisively toward either a rate hike or against one.
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