Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown

Employment Data - Non-farm payrolls increased by 22,000 [1] - The unemployment rate rose to 43% [2] - Average hourly earnings increased by 03% month-over-month and 37% year-over-year [3] - Average hours worked were 342% the second lowest of the year [4] - The labor force participation rate decreased to 623% [5] - The underemployment rate (U6) increased to 81% the highest of the year [6] Interest Rates - Interest rates were hovering around 411% after the data release, having dipped to 409% [7] - Last week's close was 423%, with the year's low close at approximately 4% [7]