Tepid U.S. Jobs Report Adds To Economic Jitters
The Labor Department says U.S. employers added 130,000 jobs in August, fewer than private analysts had expected. The unemployment rate was unchanged at 3.7%.
Updated at 9:44 a.m. ET
U.S. employers added 130,000 jobs in August, according to a monthly snapshot from the Labor Department, signaling a slowdown in the pace of job growth.
Forecasters surveyed by the Reuters news service had predicted job gains of around 158,000.
The unemployment rate held steady at 3.7%.
Manufacturers added just 3,000 jobs.
