Less Hiring Probably Kept U.S. Jobless Rate Elevated in August

Payrolls probably rose at a slower pace in August, keeping unemployment in the U.S. above 8 percent for a 43rd month, economists said before a report today.

An additional 130,000 workers were taken on last month following a 163,000 increase in July, according to the median forecast of 92 economists surveyed by Bloomberg. The jobless rate may have held at 8.3 percent, the survey showed.