165,000 jobs is shy around 10% from the projected 180,000.
That is in a country of over 310 millions, or as they call it, a rounding error. There is no job growth, those who are educated can get a job, but generally they have to take crap jobs that college graduates wouldn’t touch a decade ago and all the workers at McDonalds are over fifty! AND PART TIME!
it’s even worse....
“The revised job growth for June and July shrank the gain for those months by a combined 74,000. July’s gain is now estimated at 104,000 — the fewest in more than a year and down from the previous estimate of 162,000. June’s figure was revised to 172,000 from 188,000.”