bullish
Weekly Stock Bullfinder - Week of 9/5
SUMMARY
- Job gains moderated in August, with 315,000 jobs added, more in line with the slower job gains from earlier this spring.
- July's blockbuster job gains seemed like a positive fluke at the time of announcement, however, the July jobs report gains have held up to revisions, which were revised down only 2,000 jobs in the August report.
- Job gains in August were broad based but were led by gains in the Financial & Business Services and Education and Health Services sectors which each added 68,000 jobs during the month.
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