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U.S. non-farm payrolls jump far more than expected in August

The Labor Department reported non-farm payroll employment increased by 162,000 jobs in August, rising by far more than economists expected.

WASHINGTON (dpa-AFX) - Employment in the U.S. increased by far more than economists had expected in the month of August, according to a closely watched report released by the Labor Department on Friday.The report said non-farm payroll employment surged by 162,000 jobs in August are rising by an upw…