Investing - Nonfarm payrolls 130,000 in August, the Labor Department reported Friday, less than expected.
- The market was expecting payrolls to have risen 160,000 last month, according to economists’ forecasts compiled by .
- The unemployment rate remained steady at 3.7%.
- Stock index futures climbed after the report, with S&P 500 Futures up about 0.5%.
- Average hourly earnings rose 0.4% monthly and 3.2% from the year-ago period. That compared with expectations for an August increase of 0.3% and a 3.1% year-over-year rise.
