Together, the data points buttress worries from some Federal Reserve policymakers that the coast is far from clear for the labor market.
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Investors will have to deal with what a weakening labor market means for markets.
Punk job growth in August perhaps adds more weight than anticipated to the odds of a broader economic stall-out.
Equity traders responded to the cloudy outlook by selling.
Hiring is expected to show a sharp slowdown in July, even as Fed policymakers insist the labor market is in solid shape.
Hard economic data is pouring rain on the market’s march back to record levels.
In-line pricing data was paired with what appeared to be another sign of labor-market softening.
