#Jobs — Higher than expected, but downward revisions of past months and UE ticks up.

Gain of +187,000 non-farm payroll jobs, vs. expected gain of 170K
Unemployment up 0.2 to 3.7%, highest since Feb 2022
U6 unemployment 7.1%, up by 0.4
Labor force participation at 62.8%, up to pre-Covid levels
Average hourly earnings up by 0.2%; 4.3% increase over the year, each 0 .1 weaker than expected

July jobs revised down by -30K to +157K
June jobs revised down by -80K to +105K