Employment Summary for July 2019
The July Employment Situation showed a nonfarm payroll increase of 164,000, which comes off the heels of a stronger increase of 224,000 roles from the month prior. This number nearly matched projections by various media outlets and was “in line with average employment growth in the first 6 months of the year,” according to the report. Notably, the 164,000 payroll increase almost met the estimated 165,000 increase by the Dow Jones forecast, according to CNBC. Meanwhile, the nu