August Jobs Report

#Jobs — falling a bit short short

+130,000 non-farm payroll jobs, vs. 150K expected
Unemployment at 3.7%, unchanged as expected
U6 unemployment at 7.2%, up by 0.2
Wages up 0.4%, 3.2% year over year
Labor force participation 63.2%, up 0.2

July revised down from 164K to 159K
June revised down from 193K to 178K