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August non-farm payrolls: 169,000

Friday, 6 Sep 2013 | 8:30 AM ET

The number is below what many expected, and there were significant downward revisions for the preceding months, reports CNBC's Hampton Pearson. Unemployment did drop to 7.3 percent, however. CNBC's Steve Liesman and Rick Santelli; Mark Zandi, Moody's Analytics; Kevin Hassett, American Enterprise Institute; Christian Weller, Center for American Progress; and Vincent Reinhart, Morgan Stanley, weigh in.