Updated: 32 min 5 sec ago
Businesses added 208,000 for the month, better than the 200,000 Dow Jones estimate and ahead of the upwardly revised 185,000 in August.
The consequences for the Federal Reserve not bringing inflation under control could be severe.
Available positions totaled 10.05 million for the month, a 10% drop from the 11.17 million reported in July.
"A scenario whereby house prices crash ... is looking increasingly likely," U.K. economist Andrew Goodwin warned.
In 2021, Gautam Adani was not on the top 10 list of the world's richest people. But in 2022, the Indian billionaire settled in behind Jeff Bezos and Bernard Arnault as No. 4.
The personal consumption expenditures price index excluding food and energy rose 0.6% for the month after being flat in July.
Initial filings for unemployment claims fell last week to their lowest level in five months, a sign that the labor market is strengthening.
Erdogan doubled down on his controversial monetary plan on Thursday, saying that he told central bank decision-makers to continue lowering rates.
The financial market turmoil resulting from the U.K. government's spending plan "suggests incompetence," according to billionaire investor Ray Dalio.
Former U.S. Treasury Secretary Larry Summers said there were "hallmark" signs that the U.K.'s credibility had been lost.
The 15% minimum tax would impact around 78 companies, according to 2021 financial data, with Berkshire and Amazon paying the most.
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, signaled optimism for the Fed's policies to temper inflation.
The Bank of England voted to raise its base rate to 2.25% from 1.75% Thursday, lower than the 0.75 percentage point rise that had been expected by many traders.
Ukraine's counteroffensive, which has seen vast swathes of Russian-occupied territory get recaptured, could be compounding Russia's economic troubles.
Hispanic workers have been disproportionately affected by past recessions and the next one will likely be no different, according to Wells Fargo.
The economy is on the brink of serious downturn if the Fed doesn't pump the brakes on its rate hikes, billionaire CEO Barry Sternlicht said.
Advance retail sales for the month increased 0.3% from July, better than the Dow Jones estimate for no change.
The producer price index, a gauge of prices received at the wholesale level, declined 0.1%, according to a Bureau of Labor Statistics report.
Rather than fuel, it was food, shelter and medical services that drove costs higher in August, slapping a costly tax on those least able to afford it.
The consumer price index for August was expected to decrease 0.1% from the previous month and increase 8% from a year ago, according to Dow Jones.