August Job Report Reflects Weak Numbers

We try not to be doom and gloom here on a Friday afternoon but we just need to call it like we see it.

The Labor Department issued the monthly jobs report today and it appears that job growth is slowing down.

In August, 169,000 jobs were added and unemployment dropped to 7.3 percent. The numbers seem grim since a Bloomberg survey indicates economists were actually expecting a boost of 180,000 jobs. Unemployment was anticipated to remain steady at 7.4

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