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US job growth remained subdued in August amid economic uncertainty

The U.S. economy continued to add jobs in August, though it was at a relatively slower pace following a similarly soft jobs report last month amid uncertainty about economic conditions.

The Labor Department on Friday reported that employers added 22,000 jobs in August, a figure that was well below the 75,000 estimate of economists polled by LSEG.

The unemployment rate also rose to 4.3% in August, which was in line with expectations and up from the 4.2% reading in July.

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