The Bureau of Labor Statistics released the July jobs report.
• 164,000 jobs added in July
• Unemployment rate unchanged at 3.7%
• Wages increase 3.2% year over year
• Labor force at 163.4 million; record high employment
Also of note:
• Inflation remains low at 1.4%
• 363,000 workers moved from part-time to full-time employment in July
Trade war with China will help…and other friendlier nations as well. Hopefully corporations will start pulling out of China to more friendlier territory.