US jobs growth slows in August

US employers added 315,000 new jobs in August, far fewer than in July, as fears rise that the labour market is heading for a slowdown.

The jobless rate rose to 3.7% from 3.5%, according to the figures from the US Labour Department.

The report comes on the back of recent data which showed the world's biggest economy continues to shrink.

The US central bank, the Federal Reserve, is raising interest rates to rein in surging prices.