Jobs Report: Economy Added Fewer Jobs Than Expected In August

President Donald J. Trump speaks in the Oval Office in July 2019. (Photo by Jabin Botsford/The Washington Post via Getty Images)
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September 6, 2019 8:59 a.m.

Job creation slowed in August, with only 130,000 jobs added to the U.S. economy compared to expectations of around 160,000.

The unemployment level held steady at 3.7 percent.

Job gains for June and July were downgraded by a total of about 20,000.

According to Yahoo Finance, the jobs report comes at a critical time as trade spats and signs of a looming recession have spooked investors.

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