Posted on August 9, 2017 - 08:00 PM
by Bob McCormick
JOBS KEEP THE MARKET WORKING... A super strong jobs report Friday kept the stock market working just fine thank you. Equities were doing well anyway, with the Dow breaking through 22,000 for the first time on Wednesday. But June's way better than expected 209,000 new Nonfarm Payrolls pushed the blue-chip index to end the week at a new high, its 34th record close of the year if you're counting. The 4.3% jobless rate matched a 16-year low, even as 349,000 workers were added to the labor force. Hourly earnings were up 0.3% in July, up 2.5% the past year, and since total hours worked are up 2%, total earnings are up 4.6% from a year ago.
FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free! *Contact Information NOT Shared* How Do I Search For Homes? How do I save listings and Searches for Free Listing Updates? Click Here for More Information
KELLER WILLIAMS REALTY
Alpharetta, GA 30005
Email: email@example.com Over 25 Yrs of Atlanta Real Estate