The United States added 187,000 jobs in August but the unemployment rate jumped unexpectedly, reflecting the impact of high interest rates and the U.S. economy’s gradual cooling from the boom that followed pandemic lockdowns.The data, reported Friday by the Labor Department, is the latest indication that hiring has weakened over the summer. After a run of 29 months in which job growth never dipped below 200,000, seasonally adjusted, the last three months have all fallen short of that mark.The unemployment rate rose to 3.8 percent from 3.5 percent in July, likely for a good reason: More people started to look for work. The job growth figures for June and July were revised down by a combin …
