US jobs report weaker than expected

The US jobs report, issued on Friday, showed lower-than-expected growth rate with 151,000 non-farm payroll (jobs in the goods, construction and manufacturing industries) jobs in August, below the 180,000 that had been forecast by economists, according to Reuters.

US jobs report weaker than expected

The US jobs report, issued on Friday, showed lower-than-expected growth rate with 151,000 non-farm payroll (jobs in the goods, construction and manufacturing industries) jobs in August, below the 180,000 that had been forecast by economists, according to Reuters.

That has lead investors to cool their expectations that there may be an interest rate hike from the U.S. Federal Reserve in the coming weeks, which had been estimated to take place as early as this month.

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