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HEALTH JOHN: WELCOME TO THE NEWSHOUR. WE GOT THE LATEST SNAPSHOT OF THE U.S. ECONOMY TODAY -- THE AUGUST JOBS NUMBERS. THEY PORTRAY A HEALTHY LABOR MARKET THATS STEADILY GROWING, THOUGH THERE ARE SIGNS OF COOLING IN THE FACE OF THE FEDERAL RESERVES HIGHER INTEREST RATES. EMPLOYERS ADDED 187,000 JOBS IN AUGUST, WHILE THE UNEMPLOYMENT RATE TICKED UP FROM 3.5% TO 3.8%, A SIGN THAT MORE AMERICANS ARE LOOKING FOR WORK. IN ADDITION, DOWNWARD REVISIONS TO JUNE AND JULY NUMBERS PUT THE AVERAGE MONTHLY JOB GAIN OVER THE LAST THREE MONTHS TO A RELATIVELY MODEST 150,000, DOWN FROM AN AVERAGE OF 238,000 FROM MARCH THROUGH MAY. AT THE WHITE HOUSE, PRESIDENT BIDEN HAILED THE 32ND CONSECUTIVE MONTH OF JOB GROWTH. PRES. BIDEN: MORE THAN 700,000 PEOPLE JOINED THE LABOR FORCE LAST MONTH, WHICH MEANS THE HIGHEST SHARE OF WORKING-AGE AMERICANS ARE IN THE WORKFORCE NOW THAN AT ANY TIME IN THE PAST 20 YEARS. PEOPLE ARE COMING OFF THE SIDELINES, GETTING BACK TO THEIR WORKPLACES. AND THE LOWEST UNEMPLOYME