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July's labor report did admit a few shafts of light.
U.S. markets opened mostly lower despite the strong labor report.
Friday's labor report was expected to show 200,000 jobs were created last month, according to a Reuters survey.
In the week ended March 6, 2009, the government's monthly labor report showed that unemployment had surged to its highest level in 25 years.
While the labor report released last week showing August figures provided mildly positive news on private-sector hiring, the unemployment rate was 9.6 percent.
The labor report on Friday, showing continued tightness and increasing upward wage pressure in the employment market, brought investors back to earth.
Similar(19)
As a 1994 Department of Labor report concludes: "In effect, migrant workers, so necessary for the success of the labor-intensive U.S. agricultural system, subsidize that very system with their own and their families' indigence.
Haitian immigrants occupy the lowest rungs of society here, and have for generations, living in urban slums or squalid sugar plantation camps where wage abuse remains common, as a United States Department of Labor report found last month.
Across New Jersey, about 85,700 jobs were lost in 2008, and an additional 12,700 positions disappeared in January, according to a Department of Labor report released on March 25.
Economists had forecast that the Department of Labor report would show hiring had picked up in April to between 180,000 and 200,000 after a sharp drop in March.
Most recent data point to a continuation of economic growth at a steady pace; employment was up by 337,000 in the latest Department of Labor report.
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CEO of Professional Science Editing for Scientists @ prosciediting.com