Jobs Report

Job growth was a modest 128,000. The unemployment rate ticked up to 3.6%. Revisions added 95,000. ​Initial Reaction The core reading was a bit better than expected. The Econoday consensus was 90,000 in a range of 50,000 to 155,000.Manufacturing lost 36,000 jobs vs a consensus of 50,000.Job revisions were positive.Hourly earnings were weak.