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Wall Street opens in the red after use in the U.S.

The New York Stock Exchange opened down sharply Friday after the release of monthly statistics of employment in the United States, generally poorer than expected.

The U.S. economy has destroyed 131,000 non-farm jobs in July, mainly because of the end of temporary contracts linked to the census, and the private sector hired less than expected.

Economists and analysts polled by Reuters on average expected destruction of 65,000 jobs.

A few minutes after the start of trading, the Dow Jones lost 0.7% to 10,600.59 points, the Standard & Poor's 500 gave up 0.72% to 1117.69 points and the Nasdaq in 2273 yielded 0.83%, 99.

The persistence of high unemployment (the rate remained unchanged at 9.5% last month) is seen as an obstacle to sustained recovery and statistics on Friday are likely to feed fears of a prolonged weak growth or a relapse into recession.

"What it mostly means is that our economy is stagnating.We are not creating jobs, or it should be the case now, "said Wayne Thomas, head of analysis at John Thomas Financial.

The statistics of the labor market may affect the speech will keep the Federal Reserve after its monetary policy meeting next Tuesday, even if the market anticipates no change in interest rates.

Among the main contributors to the decline of the Dow are industry groups such as 3M (-1.2%) and Boeing (-1.4%).

Among the few values increase in the index, gained 1.3% Kraft Foods after its results.The number one food in North America has published a quarterly profit above expectations and raised its target to reduce costs after the acquisition of Cadbury.

American International Group took over 3.5% after its own results and the announcement of the opening of discussions for an early withdrawal of the state capital.