Slow Jobs Recovery Hits Part-Time Speed Bump

The Bureau of Labor Statistics released its monthly employment report this morning, and investors have found little to cheer -- the Dow Jones Industrial Average fell nearly 0.4% in the afternoon after opening with a small pop. The report was rather disappointing -- economists (and this columnist) generally expected a tally of 200,000 new jobs, but were instead served with a preliminary figure of 192,000. That by itself isn't necessarily enough to stoke fear, but there were other worrying trends in today's jobs report, some of which have received far less attention than they deserve. Let's take a look at the guts of the jobs report to find out why Wall Street doesn't think the new numbers are worth getting excited over.

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