….Non-farm payrolls up 156,000. Unemployment rate up to 4.4%. Wages up 0.1%. Some statistical noise, some weakness. Financial Review by Sinclair Noe for 09-01-2017 DOW + 39 = 21,987 SPX + 4 = 2476 NAS + 6 = 6435 RUT + 8 = 1413 10 Y + .04 = 2.16 OIL + .12 = 47.35 GOLD + 3.60 = 1325.40 The economy added 156,000 jobs in August, missing expectations for around 180,000. The unemployment rate rose a tick to 4.4% from 4.3%; last month’s rate was a 16-year low. The government cut its estimate of new jobs created in July to 189,000 from 209,000. June’s gain was trimmed to 210,000 from 231,000. A net loss of 41,000 jobs in the revisions. The US have averaged 185,000 new jobs a month since June — more than twice as many as needed to put all the new people entering the labor force each month to work. August marked the 83rd straight month of U.S. job growth, the longest such streak on record. The data mark the seventh straight August that the government’s initial payrolls print has missed the median estimate of economists; the figure has been revised upward in five of the past six years. The trend may be explained in part by a seasonal adjustment process for the new school year. For one thing, August is the second most popular month for vacations. As a result, businesses are slower to respond to the government’s survey on how ...