Payrolls jumped in July for a second month and wages climbed, pointing to renewed vigor in the U.S. labor market that will sustain consumer spending into the second half of the year.
Payrolls climbed by 255,000 last month, exceeding all forecasts in a Bloomberg survey of 89 economists, following a 292,000 gain in June that was a bit larger than previously estimated, a Labor Department report showed Friday. The jobless rate held at 4.9 percent as many of the people streaming into...
05:09 Sterling slides to 3-month lows on 'hard Brexit' fears13
15:02 U.S housing starts surge in December; jobless claims near 43-year low13
06:13 Pound quivers near three-month low, stocks weak before May's Brexit stance speech19
07:24 Burberry's CEO designate to join firm this month22