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Welcome into the weekend had in business I'm Christina Scotty in New York.
August job numbers missed expectations.
US employers added 169000.
When economists had predicted 181000.
The unemployment rate fell slightly to seven point 3% from seven point 4% in July.
That's the lowest rate in nearly five years but the drop is due to the fact that more than 300000.
Unemployed Americans stopped looking for work.
The weak employment picture along with developing news in Syria sent the streets spinning.
And next week these two stories that will be short continue to affect the markets the Producer Price Index for August is out Friday.
US wholesale prices were flat in July.
Highlighting weakness and inflation as the Federal Reserve decides whether it's going to taper it's bond buying program.
And we -- cells are also out.
Americans cautious spending on clothing extended into August capping a week back to school selling season for retailers.
The results raise questions about whether Americans will spend during the winter holidays.
A time retailers can make up to 40% of their revenue for the year.
That's it for the week ahead in business in New York Christina Scotty Fox Business.
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