Business Highlights: Jobs Report, Service Sector Slowdown

Americas employers added just 235,000 jobs in August, a modest gain after two months of robust hiring at a time when the delta variants spread has discouraged some people from flying, shopping and eating out. The unemployment rate dropped to 5.2% from 5.4% in July. The August job gains the government reported Friday fell far short of the big gains in June and July of roughly 1 million a month. Those increases were revised higher by a combined 134,000. The gains in June and July followed widespread vaccinations that allowed the economy to fully reopen from pandemic restrictions.

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