The "no new jobs" is a bit misleading. There were 45,000 verizon workers who were on strike and so not counted as having jobs, but now they're back to work they'll count again. So adjusting for that, there were 45,000 new jobs.
The phrase "a drop in the bucket" springs to mind, though.
And this line
Quote:
while nonfarm employment for June and July was revised to show 58,000 fewer jobs.
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is so badly written as to be misleading. It should be
Quote:
while nonfarm employment for June and July was revised to show 58,000 fewer new jobs.
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That is, there were new jobs created, just not as many as they originally thought.