U.S. Job Growth in August

U.S. job growth in August was weaker than expected, with the economy adding 142,000 jobs, lower than the forecast of 160,000. Prior months' job growth was also revised down. Unemployment rate dipped to 4.2% from 4.3% in July. Average hourly earnings increased by 0.4% to $35.21, with a 3.8% increase over the past year.