Monthly job growth within all U.S. industries weakened as unemployment worsened. After rising four straight month, non-bank mortgage employment retreated.
At 146.730 million, the U.S. nonfarm labor force increased by 156,000 jobs in August, the Bureau of Labor Statistics reported on Friday.
Job growth slowed compared to the previous month, when nonfarm payroll employment expanded by a downwardly revised 189,000 positions.
Source: Mortgage Daily