July Jobs Report Spooks Economists And Investors, While Restaurants And Bars See Modest Jobs Growth

It’s fair to say the Bureau of Labor Statistics “Employment Situation” report for July freaked out many economists and Wall Street traders. Overall employment growth came in at just 114,000, well below most economists’ forecast for the month. And the unemployment rate rose to 4.3%. The Wall Street Journal’s panel of economists had predicted 185,000…