Comments on July Employment Report

The headline jobs number at 164 thousand for July was close to consensus expectations of 156 thousand, however the previous two months were revised down 41 thousand, combined. The unemployment rate increased to 3.7%. Overall this was a decent report. Note: Temporary Decennial Census hiring for July is not available yet (something to watch). Earlier: July Employment Report: 164,000 Jobs Added, 3.7% Unemployment Rate In July, the year-over-year employment change was 2.246 million jobs. That is decent year-over-year growth. Average Hourly Earnings Wage growth was at expectations. From the BLS: " ......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/31chPju
via IFTTT