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Weak Jobs Report Puts Damper on Wall Street | Finance News | US News | Podcast

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Business News Roundup | 6 August 2021 | Business News | Finance News | US News | Podcast

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President Joe Biden delivers remarks on the jobs report for August. Nonfarm payroll growth in August was a huge disappointment, 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.

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President Biden delivers remarks on disappointing August jobs report — 9/3/2021

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