August's jobs report fell short of economist expectations, with 142,000 jobs being added to the US labor market, below the anticipated 165,000. When factoring in downward revisions to previous months, the pace of job gains over the last three months falls within the margin of error, indicating a slowdown in employment growth.

Yahoo Finance anchor Julie Hyman breaks down the report, discussing its implications for the current state of the labor market.

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This post was written by Angel Smith