Women Account for 98% of U.S. Job Gains in August, Driving Economic Growth

Summary

Women accounted for 98% of the 162,000 jobs added to the U.S. economy in August, a significant increase compared to men who gained only about 4,000 jobs. Economists caution against over-interpreting one month's data, attributing much of the swing to seasonal education hiring and a rebound in hospitality, sectors where women are highly represented.