Disappointment in U.S. Jobs Growth—Is It a 'Blip'?

Photograph by Luke Sharrett/Bloomberg

The U.S. economy added just 142,000 jobs in August, the fewest so far this year and well below economists’ expectations. The unemployment rate fell to 6.1 percent from 6.2 percent, the Bureau of Labor Statistics reported. But the main reason the jobless rate declined is that people dropped out of the labor force and were no longer counted as unemployed.

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