U.S. employment growth is expected to hold steady at 160,000 in August compared with July's 164,000 pace. Low jobless claims and solid consumer confidence are propping up the labor market while weakness in services and manufacturing and a global slowdown suggest weaker future hiring. Here are key points to watch in Friday's release: -Non-Manufacturing and Services Payrolls Losing Momentum. The final IHS Markit Services Index slowed to 50.7 in August, signaling softer expansion in service sector employment. Similarly, the ISM Non-Manufacturing Employment Index slowed to 53.1 in August from 56.2 in July. -Manufacturing ... (full story)