Daily Rewind ⏪

Catch up on the jobs report, round 2 of NAFTA talks and more.

The job market slows its roll:

• Employers added 156,000 jobs jobs in August, less than the 180,000 to 190,000 jobs economists had expected. The unemployment rate rose slightly to 4.4%, up from a 16-year low of 4.3%.

• The Labor Department also lowered its job growth estimates for June and July, signaling that the jobs market wasn’t quite as strong as it had seemed during those months.
• It’s not all terrible news. Nearly two-thirds of America’s industries added jobs last month. And despite the increased unemployment rate, economists still consider America to be at full employment. That means that just about everyone who is able and wants to work is employed.

It’s time for another round of NAFTA negotiations.

• President Trump’s team is in Mexico City to renegotiate NAFTA, a free trade deal between the U.S., Canada and Mexico. It’s the second round of at least seven talks that are expected to take place through December.
• The first round got off to a rocky start. America’s top trade official Robert Lighthizer echoed Trump’s feelings on NAFTA by calling it a bad deal for American jobs. Millions of U.S. jobs and thousands of companies depend on NAFTA.
• President Trump recently said he would withdraw from the deal if a better agreement can’t be reached.

Other important news:

*Gas prices have spiked 17 cents since Harvey (CNNMoney)

*Tech CEOs call on Trump to protect undocumented youth (CNN Tech)

*Microsoft reveals a Windows 10 update is coming in October (CNN Tech)

That’s all for today. ☀️⛱ Have a wonderful Labor Day weekend! We’ll see you again on Tuesday.

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