The August jobs report numbers are in, and the data showed blowout jobs growth last month.
The top-line number was 162,000, compared to expectations of 55,000 jobs gained.
The unemployment rate remained steady at 4.1%.
Average hourly earnings grew 0.3%, in line with 0.3% wage growth expected.
Friday's report is a new data point for the Federal Reserve ahead of its Sept. 16-17 meeting, Yahoo Finance's Claire Boston noted. The central bank has been weighing whether to hike rates to combat persistently hot inflation, but doing so risks further slowing a relatively sluggish job market.
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