U.S. Added 187K Jobs in July, Missing Estimates for 200K, Bitcoin Slips to $29,100

Unruffled, the headline miss seems unlikely to set off any panic alarms over the economy at the central bank. Alongside the slower-than-expected job advancement, the unemployment rate ticked even lower. Also, average hourly earnings, which are being closely arose by the Fed, rose 4.4% from a year ago, versus forecasts for a 4.2% rise.