The NFP is Out

And Non-Farm Payroll fell by 131,000 last month, though that is because the US Census cut 143,000 temp jobs.

In the private sector, the seasonally adjusted private payrolls rose 71,000, less than the predicted 90K, and well under the 125-150K necessary to keep up with workforce growth.

Additionally, the May and June numbers were revised down by about 97K.

Why people aren't running around with their hair on fire about this, I simply do not understand.