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U.S. Payroll Growth Slowed in August; Jobless Rate Held Steady
Wall Street Journal ^ | 9/2/16 | Eric Morath and Anna Louie Sussman

Posted on 09/02/2016 5:46:34 AM PDT by SoFloFreeper

Edited on 09/02/2016 7:04:13 AM PDT by Admin Moderator. [history]

WASHINGTON—Hiring cooled in August but remained consistent with steady U.S. job growth capable of holding down unemployment and producing decent wage gains.

Nonfarm payrolls rose by a seasonally adjusted 151,000 last month, the Labor Department said Friday. Revisions showed U.S. employers added 1,000 fewer jobs in June and July than previously estimated.

The unemployment rate, calculated from a separate survey of American households, was 4.9% in August, unchanged from July


TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: jobs; obamanomics
Worse than expected. Previous numbers revised LOWER.

Obamanomics sucks.

1 posted on 09/02/2016 5:46:34 AM PDT by SoFloFreeper
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To: SoFloFreeper

Devastating numbers.....the WSJ tries very hard to make politicla cover for Obama/Clinton/Democrats. WSJ....forget it...it just don’t work anymore with the american people & voters!!! The totall USA economy is flushing down the failed Obama/Clinton toilet bowl!!!


2 posted on 09/02/2016 5:51:29 AM PDT by JLAGRAYFOX (Defeat both the Republican (e) & Democrat (e) political parties....Forever!!!)
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To: SoFloFreeper

“CAPABLE of holding down unemployment AND PRODUCING DECENT WAGE GAINS.

And yet it doesn’t.


3 posted on 09/02/2016 5:53:53 AM PDT by DAC21
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To: JLAGRAYFOX

yep, pretty disgusting to see a NEWS STORY that is obviously trying to cover for Obama’s disastrous performance.

Especially from the Wall Street Journal.

Are there any honest journalists left in the United States?

I’m vey series.


4 posted on 09/02/2016 5:57:04 AM PDT by SoFloFreeper
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To: SoFloFreeper

Well, that sucked ! Is Hillary still campaigning on the wonderful Obama/Clinton economy ?


5 posted on 09/02/2016 5:57:20 AM PDT by Baldwin77 (They hated Reagan too ! TRUMP TOUGH - AMERICA STRONG)
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To: SoFloFreeper

Par for the Obama course we are on. Double Bogeyman misses again.

http://www.zerohedge.com/news/2016-09-02/big-miss-august-curse-continues-payrolls-rise-only-151000-hourly-earnings-growth-dis


6 posted on 09/02/2016 5:59:38 AM PDT by PGalt
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To: JLAGRAYFOX

If these numbers would have been seven slightly better so you talk about them without laughing, “The Economy Roars Back” would be the headlines that push quasi-Hurricane Hermine off the front pages.

As it is, we will have to hear about Florida lawn furniture being blown over for another week.


7 posted on 09/02/2016 6:01:49 AM PDT by oldplayer
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To: SoFloFreeper

Worse than expected. Previous numbers revised LOWER.

***************

And you can be sure that this month’s numbers will be revised LOWER as well.

Their little game of employment legerdemain continues....


8 posted on 09/02/2016 6:10:44 AM PDT by Starboard
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To: SoFloFreeper

Are there any honest journalists left in the United States?

**************

No, they are all propagandists who happily work for the nationalized MSM (Mendacious State Media).


9 posted on 09/02/2016 6:13:47 AM PDT by Starboard
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To: SoFloFreeper

“Seasonally adjusted.” Were the *real* numbers released? Were they so bad that even their fudge factor couldn’t polish them?


10 posted on 09/02/2016 6:20:33 AM PDT by PLMerite (Compromise is Surrender: The Revolution...will not be kind.)
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To: SoFloFreeper

average weekly earnings posted a sharp decline.. slamming the annual growth rate to the lowest since early 2014.


11 posted on 09/02/2016 6:23:17 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: SoFloFreeper
They avoided using the word (so they can learn over time!), but said it fell short of analysts' expectations.

so ...

UNEXPECTED!

12 posted on 09/02/2016 6:38:06 AM PDT by NonValueAdded (#NeverTrumpers: "commercial self-interest masquerading as ideological purity")
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To: SoFloFreeper

It’s been clear for months that the WSJ is in the tank for the Crook. Too much butthurt from the losses of Yeb, Mailman Son and Little Marco.


13 posted on 09/02/2016 6:53:17 AM PDT by BlueStateRightist (Government is best which governs least.)
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To: JLAGRAYFOX

America has low unemployment and decent wage gains.

America has always had low unemployment and decent wage gains.

(with apologies to George Orwell)


14 posted on 09/02/2016 7:09:01 AM PDT by Deo volente (The islamists want to eradicate us, and will never stop. We need to eradicate them first.)
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To: SoFloFreeper
Are there any honest journalists left in the United States?

No! We'd need a population of a billion people in this country for the number of unemployed to be 4.9% of the working age population.

15 posted on 09/02/2016 7:17:23 AM PDT by pgkdan (The Silent Majority Stands With TRUMP!)
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Comment #16 Removed by Moderator

To: SoFloFreeper

WASHINGTON—Hiring cooled in August” What a load of Cr-p...........”

Cooled?? Yeah, Right. Oh, did they mention the “Titanic”
has....
a slight humidity problem,..........on the Ocean floor.

This Administration is such a JOKE!!!


17 posted on 09/02/2016 7:55:14 AM PDT by EnglishOnly (Fight all out to win OR get out now.)
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To: SoFloFreeper

The way has become another liberal rag.

Check out Investors Business Daily for a more conservative financial coverage - they have excellent editorials.


18 posted on 09/02/2016 8:53:14 AM PDT by aquila48
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To: SoFloFreeper

Who believes 4.9% is true?


19 posted on 09/02/2016 1:34:46 PM PDT by Sam Gamgee
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