U.S. Payrolls Rise by 162,000 in August Ahead of Fed Decision

The U.S. economy added 162,000 jobs in August, according to a report cited by CoinDesk, with hiring coming in stronger than expected as the labor market rebounded. The release arrives at an important point for monetary policy, as the Federal Reserve assesses whether to raise interest rates at its September policy meeting. The employment figures are therefore likely to be closely watched across financial markets, including cryptocurrency markets such as Ethereum, Polygon, Tron and other related assets. The report provides a key labor-market reading ahead of the Fed’s decision, but the supplied information does not include details on unemployment, wages or sector-level hiring. CoinDesk published its report on September 4, 2026.