On September 2, President Joe Biden is set to address the August jobs report. President Biden is pictured speaking in Pennsylvania on August 30.
Mandatory Credit:	Jim Watson/AFP/Getty Images

On September 2, President Joe Biden is set to address the August jobs report. President Biden is pictured speaking in Pennsylvania on August 30.
Mandatory Credit: Jim Watson/AFP/Getty Images

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White House hopes slower August job growth is a sign the economy is cooling at a manageable rate

President Joe Biden on Friday touted an August jobs report that slightly exceeded analyst forecasts and marked another month of slowing job gains -- something White House officials have been hoping for in recent months.