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Vanguard data points to soft August hiring, 8,000 jobs added

Vanguard data says 8,000 private-sector jobs were added in August, citing that weak hiring activity remains the defining feature of today’s labor market.

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VANGUARD DATA SHOWS SOFT HIRING IN AUGUSTAccording to the latest data from Vanguard, 8,000 private-sector jobs were added in August.And the firm, which draws on Vanguard 401(k) participant data, said that "weak hiring activity remains the defining feature of today’s labor market."With that, Adam Sc…