Jobs

Jobs report is just an 'aberration,' says Cramer

Cramer: Stunned by jobs data
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Cramer: Stunned by jobs data

The August employment report released Friday runs contrary to recent economic indicators, making it nothing more than an "aberration," CNBC's Jim Cramer said.

Data from the Labor Department showed the economy added just 142,000 jobs in August, making it the weakest employment report of 2014, and roughly 90,000 jobs less than economists had expected.


Read MorePayroll growth slumps in August; rate down to 6.1%

Jim Cramer
Adam Jeffery | CNBC

"How do you deal with the fact that retail has been so strong? Back to school has been so strong," Cramer said on "Squawk on the Street." "It was a confusing number ... I'm a little stunned."

Then again, the recent closure of some large casinos in Atlantic City, New Jersey, resulted in large job losses, Cramer said. Uncertainty surrounding the implementation of the Affordable Care Act might also be preventing some businesses from hiring, he added.

Still, Cramer downplayed the disappointing data, noting the August jobs report tends to later receive an upward revision anyway.

Read MoreActually, this jobs report holds water, says pro

"You always have to analyze this number. I know we do. But this is the inconsistent month. It's the month I least trust," he said. "I thought it was an aberration and I'm not going to game a whole strategy off of this. It just won't work for me to do that."

—By CNBC's Drew Sandholm.