Unemployment Rate Falls to 5.7%
Overall, the labor report for August was a bit stronger than expected. Payrolls were up 39,000, in line with the consensus forecast. The July change in payrolls was revised up to 67,000, but June was revised down to 34,000, for a net revision of 29,000 jobs.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.