US job growth stumbles in August with 130,000 added

U.S. employers added 130,000 jobs in August, a volatile month plagued by trade uncertainty, missing Wall Street's expectations, as investors look for evidence of an impending economic slowdown.

The unemployment rate remained steady at 3.7 percent, near a 50-year low, while the labor force rate was also little changed at 63.2 percent. Average hourly earnings, meanwhile, rose by 11 cents to $28.11. Over the year, average hourly earnings have increased by 3.2 percent, slightly beating expectations of 3.1 percent growth.