"The biggest jobs gains came in bars and restaurants, which added 34,000 positions."
9/2/16, "US created 151,000 jobs in August vs. 180,000 jobs expected," CNBC, Jeff Cox
"Nonfarm payrolls increased just 151,000 for the month....Private job growth was just 126,000 in August....
Wall Street economists were expecting the nonfarm payrolls report to show a gain of 180,000 in August....Wage growth slowed....
The biggest jobs gains came in bars and restaurants, which added 34,000 positions....
The unemployment rate instead was unchanged at 4.9 percent, according to the Bureau of Labor Statistics. A more encompassing rate that included discouraged workers and those holding part-time jobs for economic reasons held steady at 9.7 percent....
Those counted as not in the labor force increased by 58,000 to 94.4 million."...
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9/2/16, "Since 2014 The US Has Added 520,000 Waiters And Bartenders And Lost 13,000 Manufacturing Workers," Zero Hedge (image above from Zero Hedge)
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Related:
AUGUST JOBS: +151,000; UNEMPLOYMENT RATE UNCHANGED 4.9%...
Biggest gains in bars, restaurants...
'Army of Men' Out of Work...
94,391,000 Not In Labor Force...
Govt Workers Outnumber Manufacturing Workers by 9,932,000...
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