The prediction was to INCREASE new jobs at 110,000.Instead,there was a NET LOSS of 4000.So,114,000 LESS jobs were created last month.That’s not good news.It isn’t as simple as just being 4000 jobs lost.
Less than expected, perhaps, but not less than than there were.
This seems to be way too much ado about nothing. Unless I missed it, this article doesn't indicate that the numbers were seasonally adjusted.
Kids go back to school and college in August, which means they quit their jobs. Also tourism declines dramatically, which affects just about every business there is.