Hiring burst of 162,000 jobs in August puts the focus squarely back on inflation in the US

WASHINGTON (AP) — The U.S. labor market bounced back in August as employers added a surprising 162,000 jobs, ending a summer of lackluster hiring with a bang. The unemployment rate remained at a low 4.1%. Hiring far exceeded the 65,000 jobs that forecasters had expected, according to a poll by FactSet. Labor Department revisions also [...]