September 6, 2013 10:02 AM

Tepid hiring in August clouds the jobs picture

Employers created only 169,000 payroll jobs last month. The national unemployment rate slipped slightly to 7.3 percent from 7.4 percent in July, largely because more Americans dropped out of the labor force, not because job hunters found jobs. The lackluster report could give Federal Reserve policy makers a reason to keep pushing the economic gas pedal.

Related content