Jobs Report Misses Expectations

A picture of Now Hiring written on a sticky note, held by tweezers

Job creation for August was a huge disappointment, CNBC reported, with the economy adding just 235,000 positions, the Labor Department reported Friday.

Economists surveyed by Dow Jones had been looking for 720,000 new hires.

The unemployment rate dropped to 5.2% from 5.4%, in line with estimates.

For the full CNBC story, click here.

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