The report issued by the United States Bureau of Labor Statistics a few moments ago showed that 235,000 jobs were added in August, compared to the addition of 943 thousand jobs in June, before it was adjusted to 1053 jobs, and less than market expectations, which indicated the creation of jobs estimated at 750 thousand jobs.

On the other hand, unemployment rates declined by about 0.2% to 5.2%, in line with market expectations, coinciding with the stability of labor force participation rates at 61.7% in August compared to July levels.

And recorded hourly wages on a monthly basis, an increase to 0.6%, compared to a growth of 0.4% in July, to come in better than expectations, which indicated a rise to 0.4%.

In the details of the sectors, the industrial sector added about 37 thousand jobs, while the information sector added 17 thousand jobs, and the transportation sector added 53 thousand jobs, while the mining sector added about 6 thousand jobs. In contrast, the construction sector lost about 3 thousand jobs.

The US dollar recorded a strong decline after the data was announced, to trade at its lowest level since August 4th at 91.92 levels, as this data raised the markets’ fears as we mentioned previously regarding the US Federal Reserve’s start to reduce its asset purchase program before the end of the year.