United States

The great American jobs machine rolls on

WEEKLY MARKET COMMENTARY  | 

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The great American jobs machine rumbled on in August adding 201,000 to total employment with the unemployment rate remaining unchanged at 3.9 percent (3.853%), which is the 95th month of consecutive job growth.

Broad-based employment show little sign of easing significantly heading into the final 120 days of the year amidst a tight labor market that is heading towards 3.5 percent in the near term.

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