By Sylvan Lane – 09/06/19 08:35 AM EDT

The U.S. added 130,000 jobs in August, the Labor Department reported Friday, falling below expectations amid an escalating trade war with China and a slowing global economy.

The August jobs report missed expectations after economists broadly projected employment growth closer to the 164,000 workers the U.S. added in July. The unemployment rate held steady at 3.7 percent, while the labor force participation rate rose to 63.2 percent, according to the release from the U.S. Bureau of Labor Statistics. 

Read more…