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Aug Jobs Report Below-Expected +130k; Net...>

US DATA
US DATA: Aug Jobs Report Below-Expected +130k; Jul-Jun Net Rev -20k 
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- Nonfarm payrolls below expectations +130k vs +160k BBG est
- Downward revisions for both July (now +159k) and June (now +178k) 
- Hourly earnings +0.4% vs +0.3% BBG   
- Private payrolls +96k on service-providing industries, business services 
- Retail jobs down for seventh consecutive month. 
- The unemp rate at-expected 3.7% (3.6871% unrounded vs 3.7116% July)
- Labor force participation rate +0.2 to 63.2%, U-6 rate +0.2 to 7.2%
- Manufacturing payrolls +3k and hours up +0.5%

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