U.S. job growth seen slowing in August as Delta variant curbs services demand

A sign advertising job openings is seen while people walk into the store in New York City, New York, U.S., August 6, 2021. REUTERS/Eduardo Munoz

  • Nonfarm payrolls forecast increasing 750,000 in August
  • Unemployment rate seen falling to 5.2% from 5.4%
  • Average hourly earnings forecast rising 0.3%

WASHINGTON, Sept 3 (Reuters) – U.S. employment growth likely pulled back in August after gaining nearly 2 million jobs in the past two months as soaring COVID-19 cases reduced demand for travel and entertainment, but the pace was probably enough to sustain the economic expansion.

The Labor Department’s closely watched employment report on Friday

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