Friday’s non-farm payrolls report—a barometer of America’s labor market health—not only reflected below-expectations job growth in August but also showed unemployment rising for black workers, teenagers, and those with some college or an associate degree.
The Labor Department’s jobs report, released Sept. 3, showed that non-farm payroll employment rose by 235,000 in August, down from an upwardly revised 1.05 million jobs added in July and far below the FactSet-provided consensus forecasts of 750,000.