Unemployment Rate Falls to 5.7%

The August employment report shows the job market is still on the path to recovery

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.

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