US job growth surged in August and the unemployment rate held steady, suggesting the labor market has more momentum than previously thought. Claudia Sahm, Chief Economist at New Century Advisors, reacts to the jobs report. (Source: Bloomberg)
US job growth surged in August and the unemployment rate held steady, suggesting the labor market has more momentum than previously thought. Claudia Sahm, Chief Economist at New Century Advisors, reacts to the jobs report. (Source: Bloomberg)
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Hiring in the US surged in May. 172,000 jobs were created topping all forecasts. The estimate was for 88,000. The unemployment rate held steady at 4.3%. Bloomberg's Michael McKee has more on this blowout report on Bloomberg Surveillance. (Source: Bloomberg)
