NATALIE ALLEN, CNN ANCHOR: More now on the jobless rate, which was boosted by a net loss of 113,000 jobs across the economy. Joining us now with some more facts and figures is CNN's Brett Gering at the Chicago Board of Trade. Brett, some unexpected numbers today; a little worse than they thought.</s>BRETT GERING, CNN CORRESPONDENT: That's right Natalie. The markets were expecting a loss of about 50,000 jobs on the whole. But we got a little more than double that. The bulk of the losses came in the manufacturing sector: 141,000 jobs were lost last month. This brings the total of manufacturing jobs that we've lost since last July to over -- just over 1 million. So that sector of the economy is getting hammered. Now, what's happening here is the markets are looking for any sign of recovery in the all-important manufacturing sector because it is a proxy for the entire economy. And as you can see at the bottom of your screen, the Dow Jones Industrials have been slipping into this afternoon as traders kind of get a sense of what's going on in this particular report. And the markets have been skittish all week, and this report just kind of put it over the edge.</s>ALLEN: Brett, and if the employment figures continue to worsen, the fear is that consumer confidence, consumer spending will worsen along with it. When is the next indicator of how that's going?</s>GERING: Well, we were supposed to get a survey from the University of Michigan, which is a private survey, out today, but it didn't come out. But, of course, as the month goes on we get more figures on retail sales; we'll get figures on consumer confidence, personal spending. All these things will be factored in to kind of try to glean any kind of recovery that we're seeing, and if this slowdown in job creation in the manufacturing sector is spilling over to consumer spending habits. So far it has not. We've seen the consumer holding up this economy so far. But that could change if things deteriorate at this rate.</s>ALLEN: Brett Gering at the Chicago Board of Trade. Thanks Brett.
141,000 Jobs Were Lost in August