jobs number weak

The jobs report released this morning gave us significantly lower report than expected. This shows growth has slowed or even has halted. The report gave a number of 142,000 jobs added in August. The expectation number was at 225,000.

Labor force participation was little changed at 62.8% and that number has held steady since April.

At this writing the Dow is striving to hold off a fourth down day in-a-row.

This Forbes article was the source for this post.
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